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6/8/21

Bitcoin skids to two-week low, but technical analyst says the slump is not a ‘decisive breakdown’ — she’s watching the next two closes

Bitcoin was under fresh selling pressure Tuesday, dragging the world’s No. 1 cryptocurrency to lows not seen since late May. At least one technical analyst, though, says the slump doesn’t represent a decisive breakdown of the bitcoin uptrend unless and until the asset registers weaker closes today and tomorrow.

Read more at: Bitcoin skids to two-week low, but technical analyst says the slump is not a ‘decisive breakdown’ — she’s watching the next two closes - MarketWatch

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