The Signal That Preceded Bitcoin’s Drop to $3k in 2018 Is About to Flash Again

Just a week ago, Bitcoin was trading just dollars shy from $10,000. But after rumors (since disproven) spread about Satoshi Nakamoto selling his stash of BTC, the cryptocurrency has collapsed to $8,700. Some have deemed this move a “healthy” retracement, but a key indicator suggests that Bitcoin bulls have further losses ahead of themselves. Related…

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Author: toutiao