Bitcoin Bulls Risk Losing Uptrend Line From Sub-$20K | Coinpare
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Cryptocurrencies: 3,230 Market Cap: $2,039,965,088,486 24h Vol: $269,570,559,985 BTC: 55.02% ETH: 12.06% USDT: 2.19% ETH Gas: 185 gwei

News » Bitcoin Bulls Risk Losing Uptrend Line From Sub-$20K

Bitcoin Bulls Risk Losing Uptrend Line From Sub-$20K

Bitcoinist  |  07 April 2021 - 17:30:02

Bitcoin price is back under $57,000 after losing an important trend line that has supported the cryptocurrency’s now historic uptrend. The critical uptrend line began just after the leading cryptocurrency by market cap cracked back above $20,000 for the first time, and it never looked back since. Losing such a line, however, could lead to the first extended return to prices previously traded at, requiring a stronger bounce before the Bitcoin bull run resumes. Bitcoin […]

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