A Correction to $8.6K Likely as Bitcoin Paints 50-200 Death Cross

Bitcoin confirmed a so-called Death Cross pattern on Thursday as its price plunged 1.20 percent. The downside correction surfaced after failing to maintain a price floor above $9,000. The cryptocurrency is trending lower inside a bullish wedge. It, in conjugation with the Death Cross, points to a retest of $8,600. Bitcoin price wavered Thursday as traders weighed signs of economic recovery against the rising number of virus cases. The cryptocurrency had climbed by more than […]

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