Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting for By Cointelegraph
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Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting forThe end of the first week in June brought more pain to global financial markets as the tech-heavy closed the day on June 3 down 2.3%, while the S&P 500 shed 1.4% of its value.
The cryptocurrency market hasn’t faired any better and data from Cointelegraph Markets Pro and TradingView shows that an early morning attempt to push (BTC) above $30,000 was hit with a wave of selling that dropped it to a daily low of $29,286.
Continue Reading on Coin Telegraph
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Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting forThe end of the first week in June brought more pain to global financial markets as the tech-heavy closed the day on June 3 down 2.3%, while the S&P 500 shed 1.4% of its value.
The cryptocurrency market hasn’t faired any better and data from Cointelegraph Markets Pro and TradingView shows that an early morning attempt to push (BTC) above $30,000 was hit with a wave of selling that dropped it to a daily low of $29,286.
Continue Reading on Coin Telegraph
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