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Bitcoin Tests A Crucial $78,000 Support After Sharp Drop

47m ago
bullish:

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bearish:

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A huge locomotive whose front is shaped like a golden Bitcoin climbs a steep railway track. However, it has just lost momentum: the wheels are spinning with difficulty, steam is diminishing, and the driver looks anxiously at a mechanical gauge whose needle is dropping.

Bitcoin has just erased part of its rebound after a peak at 82281 dollars on September 4. Indeed, the price dropped back to around 79000 dollars, a decline of nearly 4% in a few hours. The daily trend remains favorable, but short-term indicators signal a loss of momentum. It is the maintenance of the support located around 78500 dollars that will now determine whether this decline remains temporary or invalidates the recent bullish breakout.

L’article Bitcoin Tests A Crucial $78,000 Support After Sharp Drop est apparu en premier sur Cointribune.

47m ago
bullish:

0

bearish:

0

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