Bitcoin Capitulation Near, Price to Plunge to $6,400 if History Rhymes
November 19 2019 - 12:24AM
NEWSBTC
Last week, Crypto Twitter erupted with reports that “miners
capitulated.” Indeed, the Bitcoin Hash Ribbons — an indicator
tracking the health of the network’s hash rate — saw a bearish
crossover, with the short-term moving average crossing below a
long-term one, signaling that miners have stopped expanding their
farms. Related Reading: For First Time Ever,...
The post
Bitcoin Capitulation Near, Price to Plunge to $6,400 if History
Rhymes appeared first on NewsBTC.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Aug 2024 to Sep 2024
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Sep 2023 to Sep 2024