Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Lenipiw on September 03, 2020, 05:19:50 PM
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Bitcoin’s new monthly candle has been met with a fierce sell-off. Traders explain bearish and bullish scenarios for BTC.
On Sept. 1, a new Bitcoin monthly candle opened with significant optimism. The August monthly candle closed above $11,500 for the first time since the all-time high in 2017. But in the short term, traders are leaning cautious following a sudden sell-off in the cryptocurrency market.
In the last 24 hours, the price of Bitcoin (BTC) declined by more than 6%, while Ether (ETH) price dropped by 10%. The sentiment around the short-term trend in the cryptocurrency market remains mixed after the rejection.
Visit here: https://cointelegraph.com/news/what-now-for-bitcoin-price-september-starts-with-abrupt-btc-sell-off