Bitcoin Traders Turn Bearish on ‘Anemic’ Sub-$8000 Price Drop

The bitcoin price fell below $8,000 during a low volume weekend as traders foresee a steeper drop to lower support levels. When the bitcoin price was initially hovering at around $8,500 following a strong recovery, technical analysts anticipated a rebound to the $9,000 area. However, subsequent to a noticeable dip in volume, the bitcoin price […]

The post Bitcoin Traders Turn Bearish on ‘Anemic’ Sub-$8000 Price Drop appeared first on CCN.com

Source: https://www.ccn.com/bitcoin-sub-8000-traders-bearish/

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