Home Bitcoin NewsBitCoin Forex Bitcoin makes a quick move lower

Bitcoin makes a quick move lower

by admin

Bitcoin’s bounce after the fall below $40,000 this week was impressive but it failed to push higher today after rising to $44,400 and has come under some sudden pressure.

The 100-hour and 200-hour moving averages are both near $42,600 and that’s a level to watch as it coincides with yesterday’s low.

The drop in bitcoin comes with broad risk appetite souring slightly.

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