Bitcoin (BTC) has been struggling to recover from its slump in October.
November is not going as expected, and more often we see the cryptocurrency swinging near the $90,000 range.
On Nov. 18, Bitcoin fell even further below, breaking past the $90,000 point to touch $89,455. This was the lowest it had dropped in seven months.
The latest slide in Bitcoin’s price has rattled traders, with some warning that the downturn may not be finished.
The move followed the formation of a death cross, a bearish chart pattern that occurs when the 50-day moving average falls below the 200-day moving averag
November is not going as expected, and more often we see the cryptocurrency swinging near the $90,000 range.
On Nov. 18, Bitcoin fell even further below, breaking past the $90,000 point to touch $89,455. This was the lowest it had dropped in seven months.
The latest slide in Bitcoin’s price has rattled traders, with some warning that the downturn may not be finished.
The move followed the formation of a death cross, a bearish chart pattern that occurs when the 50-day moving average falls below the 200-day moving averag
1 month ago
