TA: Bitcoin Near Inflection Zone, Why Breakdown Below $15,800 Seems Likely

Bitcoin price started a downside correction from well above $16,200 against the US Dollar. BTC is likely to accelerate losses if there is a clear break below the $15,800 support. Bitcoin failed to stay above the $16,200 support and extended its decline. The price is currently trading below $16,000 and the 100 hourly simple moving […]
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Author: toutiao