By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 12th, the BTC rate remains volatile but investors are ready to buy. The cryptocurrency is generally trading at 9000.00 USD. As for the BTC dynamics on D1, during the last week, the quotations of the leading cryptocurrency reached the psychologically important level of 10000.00 USD and tested the mid-term resistance level of the descending channel. Then the market needed a correction, and the quotations fell to the local support line, trying to test 8000.00 USD. At the same time, with the MACD lines heading upwards, we may suppose that the market
The post Bitcoin Price Analysis for May, 12th – BTC Volatility Sweeping Off Scale appeared first on The Merkle News.
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