US News Today Headlines

1 week Analyst Expects Bitcoin to Fall by $2K Despite Bullish Fundamentals Bitcoinist     

As Bitcoin attempts a breakout move above $11,000, an analyst sees the cryptocurrency moving in the opposite direction. TradingView contributor Vince Prince placed the latest BTC/USD moves inside a descending channel. The chartist wrote in his Thursday analysis that the pair is heading into a so-called distribution zone inside the Channel. The area earlier clipped Bitcoin’s upside attempts twice. That led Mr. Prince to expect a third climb rejection. The chart above illustrated the bearish […]

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