Bitcoin pulled back a bit during the trading session on Wednesday, only to find buyers yet again. Bitcoin Continues to Pressure $20K. BTC/USD Forecast: Bitcoin Continues to Pressure $20K. Regardless, it is a market that you cannot be a seller of at this point, and if you do feel like you should be a seller, then perhaps looking for puts. Bloodbath in the cryptocurrency market as Bitcoin’s overhead pressure surges – downside eyes $17, Bitcoin refreshes lower price levels at $18, as declines loom towards $17, BTC/USD will invalidate the bearish outlook if the price closes the day above $18, and perhaps steps above the SMA. Oct 29, · At press time, Bitcoin (BTC) is trading % down at a price of $12, with a market cap of $ billion. At press time, the overall cryptocurrency market looks under pressure with all other top-ten cryptocurrencies correcting %.
Btc market pressureBTC/USD Forecast: Bitcoin Continues to Pressure $20K
Price Analysis. ICO Review. Submit ICO Review. Editor's Pick. Share on Facebook. Share on Twitter. Share on Linkedin. Share on Telegram. Author: Bhushan Akolkar. Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets.
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