Bitcoin was under fresh selling pressure Tuesday, dragging the world’s No. 1 crypto to lows not seen since late May. However, at least one technical analyst, says that the slump in bitcoin prices doesn’t represent a decisive breakdown of its uptrend until the asset registers weaker closes today and tomorrow.
“Short-term momentum has deteriorated, but not to the degree with which we have a ‘sell’ signal (in the daily MACD),” Katie Stockton, technical analyst and…
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