Bitcoin price analysis is bearish today as we have seen a failure to continue higher after a short push above the $21,500 previous major resistance. Since BTC/USD has already moved lower and set a lower local high, we expect another drop to follow. The next target should be the $20,000 previous support.
The market has traded in the red over the last 24 hours. Bitcoin lost 3.29 percent, while Ethereum 3.81 percent as the reaction lower was even stronger. Meanwhile, most of the altcoins have seen even further decline.
The market has traded in the red over the last 24 hours. Bitcoin lost 3.29 percent, while Ethereum 3.81 percent as the reaction lower was even stronger. Meanwhile, most of the altcoins have seen even further decline.
