Bitcoin and Altcoins Recovery Still Might Fail In Near Term

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Bitcoin and Altcoins Recovery Still Might Fail In Near Term

This week, we saw a downside extension in bitcoin price below the USD 7,400 and USD 7,350 support levels. BTC/USD even traded below the USD 7,200 support before it found support near USD 7,150. The price is currently (09:00 UTC) recovering, but there are many hurdles near USD 7,250, USD 7,350 and USD 7,400.
Similarly most major altcoins are correcting higher, including ethereum, XRP, bitcoin cash,  Read more »
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