19-03-2020 13:22 via newsbtc.com

Bitcoin Risks Tanking to 13-Month Low Even as Top Analysts Remain Bullish

Bitcoin prices remain vulnerable to more dives even as top analysts print a rosy picture for the cryptocurrency.
The bitcoin-to-dollar exchange rate appears trapped inside a technical range, dubbed as Symmetrical Triangle, since March 12. The pair is oscillating between two converging trendlines as it marches towards the Triangle’s apex. The pattern shows a weak buying demand near the Resistance and a similarly low selling pressure near the Support.
BTC/USD stuck in Triangle’s range
Read more »