Bitcoin clings to K as trader promises capitulation ‘will happen‘

Bitcoin clings to $19K as trader promises capitulation ‘will happen‘

Bitcoin (BTC) stayed rigidly tied to $19,000 into the Oct. 16 weekly close as analysts warned that volatility was long overdue.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Analyst: BTC volatility a “matter of time”

Data from Cointelegraph Markets Pro and TradingView captured a lackluster weekend for BTC/USD as the pair barely moved in out-of-hours trading.

After United States economic data sparked a series of characteristic fakeout events over the week, Bitcoin returned to its…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published.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