Bitcoin Analysis: BTC Faces Bearish Reversal as Dollar Strengthens

The bitcoin-to-dollar exchange rate has dipped close to 1 percent on Thursday, now trading at 6470-fiat. The outcome of the US midterm elections with Democrats sweeping a sharp win in the House had certainly shaken the US dollar yesterday. The greenback nevertheless sustained its overall bullish momentum ahead of the Federal Reserve policy meeting today.

The post Bitcoin Analysis: BTC Faces Bearish Reversal as Dollar Strengthens appeared first on CCN

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