Bitcoin price action update: 11/26/18
Bitcoin continues its downward price action, currently sitting at around $3700 on Blockmodo at time of writing. Over the past few days, Bitcoin has dropped in price with conviction, seeing a lack of buyers coming in to provide significant relief.
One current opinion sees Bitcoin waiting for a decisive move downward, complete with a long wick, followed by significant buyer volume coming in to reverse price, as well as possibly the trend.
Let’s see what the charts may indicate.
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