Jan 10 2021

Why the Bitcoin price suddenly fell 5% in three hours—and where it goes next

published by Joseph Young
in blog CryptoSlate
original entryWhy the Bitcoin price suddenly fell 5% in three hours—and where it goes next

analysis btcusd price watch

The price of Bitcoin abruptly fell by over 5% in just three hours on January 10. Analysts generally attributed the volatility to an overheated derivatives market and the new upcoming weekly candle. Why some technical analysts expected this move Some traders and technical analysts anticipated Bitcoin to pullback, due to the range it has seen in recent days. Bitcoin has been consolidating between...

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