Jan 14 2021

Bitcoin Pushes Past $37,000 But Rising Yields Sour Bull Sentiment

published by Yashu Gola
in blog Bitcoinist.com
original entryBitcoin Pushes Past $37,000 But Rising Yields Sour Bull Sentiment

bitcoin btcusd btcusdt cryptocurrency

A bruising start to the week for Bitcoin shows signs of evaporating as the cryptocurrency reclaims critical resistance levels this Thursday. Buying opportunities near $30,000—a level Bitcoin touched after its decline from $41,986—renewed traders' short-term bullish bias. The BTC/USD exchange rate leveled a sharp retracement against the downside outlook caused by the appearance of a Head and Shoulder bearish pattern, instilling hopes of...