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In what has been one of the largest 24 hour market dumps this year over $30 billion has been dumped from crypto assets. Bitcoin reached the end of its bearish triangle pattern and dumped hard down to a three month low at $8,000. Bitcoin Crashes 17% Many had predicted a huge drop to long term…
The Bitcoin rally is running out of steam it seems. A bearish candle closing below $8,200 has been a signal for further losses and, as expected, they came pretty quickly. For the second time over the past seven days markets have fallen back instead of heading higher indicating that a correction is imminent. Bitcoin’s bearish…