Bulls Battle Bears as Bitcoin Price Risks Decline to $51,000; Here’s Why

Bitcoin prices will likely hit $51,000, according to a technical setup presented by an independent analyst. The pseudonymous Twitterati spotted the BTC/USD exchange rate breaking below a bearish continuation pattern. Dubbed as ‘Symmetrical Triangle,’ the indicator tends to send the prices in the direction of the asset’s previous trend after a brief period of consolidation. […]

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Author: toutiao