Bitcoin Price Intraday Analysis: BTC/USD Undergoes False Breakout

Bitcoin spent its Sunday reclaiming its support near $6,500 after witnessing a false breakout action yesterday. The BTC/USD, in reality, is stable like it was the previous week. The pair kicked off today by correcting lower from the last short-term upside and false breakout range as discussed in this analysis. It eventually formed lower lows

The post Bitcoin Price Intraday Analysis: BTC/USD Undergoes False Breakout appeared first on CCN

Comments

comments

Facebooktwittergoogle_plusredditpinterestlinkedinmail