Eerie Bitcoin Wedge Fractal Sees Price Crashing to $5.3K; Here’s Why

Bitcoin broke below $7,000-support after US oil futures slipped into negative territory for the first time. The cryptocurrency’s latest plunge has alerted an old bearish setup that ensures its rate near $5,300. Positive fundamentals are holding bitcoin above key support levels for now. Bitcoin failed to sustain above $7,000 after the US oil futures plunged…

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Author: toutiao