Strong Battle on BITCOIN continues

Strong Battle on BITCOIN continues

It started on 9 February when the bulls decided to attack the magical border at bitcoin.

In today’s article we will look at how this battle is going on.

First attempt:
9 february bulls overcome 10,000$ and 10 february Bears pushed the price back below this threshold.
Second attempt:
11 february the bulls pushed bitcoin over 10,000$ and this time lasted until 15 february when the bears beat the bulls on the full line.
Third attempt:
16 february we have only a slight attempt to return above the magic threshold, it only took a few hours.
Fourth attempt:
February 18 bulls reversed this day and bitcoin won over 600$ hoping to win over 10,000$.
19 february bears showed even more power confirmed by dump and bitcoin fell more than 800$.

Since the last attempt, bitcoin has been traded below this magical border and when writing this article, bitcoin is worth 9890$ / BINANCE.

Such behavior is very dangerous for traders and we are experiencing very high volatility.

What we can expect:
Propably we will see a 10,000$ pump and drop to 9,700$ on monday to close CME gap and then all the way up again.


Share Tweet Send
You've successfully subscribed to CCnews24
Great! Next, complete checkout for full access to CCnews24
Welcome back! You've successfully signed in
Success! Your account is fully activated, you now have access to all content.