Bitcoin Price Analysis (BTC/USD) On an hourly chart, the price of BTC/USD pair has succumbed an intense bearish pressure. Having begun the session yesterday trading at $12197.51 that was followed by a false breakout that rolled the price down to currently changing hands at $11624.60. The downward move was seen sharply during the U.S. trading session that dipped the price down by 4.7% over the last 24hrs. The downtrend was pushed by the 21 day MA that is above the 7 day MA. The RSI indicator also seemed to have reflected the bear market since it moved sharply from the
The post Bitcoin, Tron and Litecoin Cryptocurrency Price Prediction and Analysis For August 8th: BTC, TRX, and LTC appeared first on The Merkle Hash.
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