Mar 3, 2020
69 Views
0 0

Bitcoin Price Analysis: Despite Global Markets’ Volatility, Bitcoin’s Showing Stability – The Calm Before The Storm?

Written by

Despite the raging volatility of the global markets due to the coronavirus, Bitcoin is acting as a stable coin, and over the past week, we had seen it trading between $8500 and $9000, which is roughly a 5.6% price range.

Since the previous analysis from two days ago, Bitcoin had broken above our marked triangle (on the following 4-hour chart), and surged to the next resistance level at $9000, along with the 4-hour’s 50 moving average line (the pink line).READ IN FULL

Article Categories:
CryptoPotato · News

Leave a Reply

Your email address will not be published. Required fields are marked *