Bitcoin Medium Term Outlook: Here Is Why BTC Could Test $6.5K

Date : 11/19/2019 @ 1:30PM
Source : NEWSBTC
Stock : Bitcoin (BTCUSD)
Quote : 9225.03000000  -11.87000000 (-0.13%) @ 4:10AM
Bitcoin share price Chart

Bitcoin Medium Term Outlook: Here Is Why BTC Could Test $6.5K

Bitcoin price is currently in a downtrend below the $9,100 pivot level against the US Dollar. The price is trading well below the $8,500 support and the 100-day simple moving average. There is a crucial bearish trend line forming with resistance near $8,880 on the daily chart of the BTC/USD pair (data feed from Kraken)....

The post Bitcoin Medium Term Outlook: Here Is Why BTC Could Test $6.5K appeared first on NewsBTC.

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