Indicator Shows Bitcoin’s Selloff May be Running Out of Steam

[Dociko]

It has been a rocky past day for Bitcoin, with the benchmark crypto posting massive losses as buyers struggle to garner significant momentum.

This selling pressure has sent shockwaves throughout the entire cryptocurrency market, causing altcoins to see massive selloffs that have erased the bulk of their recent gains.

One trader is specifically noting that the cryptocurrency could be on the cusp of seeing its ongoing selloff come to an end, however, as one indicator points to slowing downside momentum.
Details: https://www.newsbtc.com/2020/09/21/indicator-shows-bitcoins-selloff-may-be-running-out-of-steam/?amp