11-15-2020, 12:48 AM
Bitcoin Tests Key Parabolic Trendline as Uptrend Shows Signs of Slowing
Bitcoin has seen some brutal price action throughout the morning, with overleveraged long positions being shaken out with a brief dip down to $15,700, while those panic shorting were then liquidated by a sharp rebound. This price action has allowed the cryptocurrency to begin inching higher and moving to retest its $16,000 support level, which […]
https://www.newsbtc.com/analysis/btc/bit...owing/Kind Regards R
Bitcoin has seen some brutal price action throughout the morning, with overleveraged long positions being shaken out with a brief dip down to $15,700, while those panic shorting were then liquidated by a sharp rebound. This price action has allowed the cryptocurrency to begin inching higher and moving to retest its $16,000 support level, which […]
https://www.newsbtc.com/analysis/btc/bit...owing/Kind Regards R