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Author Topic: BITCOIN PRICE ANALYSIS CMP$19070 Bitcoin is trading in a triangle.What comes  (Read 264 times)

Offline Coin_Gabbar

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Bitcoin slipped back into the red during Friday's session, now trading above $19,000 once again.
The latest drop coincides with the emergence of a worldwide economic slowdown.

After the bulls successfully defended the coin above the aforementioned level, the Bitcoin price is currently trading over $19,100. BTC rose 0.49% in the previous 24 hours, showing that the coin was trading laterally. Bitcoin's price has fallen by 3.30% in the past week.

Bitcoin has had a volatile week in which the price of the largest virtual currency reached $18,200 twice. Despite market declines on Friday, Bitcoin retained its price above $19,000. If the volatility continues, Bitcoin could fall below $18,000 or rise beyond $20,000 in coming days. BTC is presently trading between $18,000 and $20,00. The next move will very certainly set the mood for the market's short-term direction.
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