Bitcoin Price Bounces Back — Sustained Recovery or Dead Cat Bounce?

The bitcoin price on Wednesday showed signs of recovery after two weeks of massive selling action. The BTC/USD rate surged as much as 7 percent to establish an intraday high at 4645-fiat. The pair consolidated above 4500-fiat for a brief time but lost steam ahead of the US trading session, creating lower highs towards 4241-fiat.

The post Bitcoin Price Bounces Back — Sustained Recovery or Dead Cat Bounce? appeared first on CCN

Leave a comment

Your email address will not be published. Required fields are marked *