From this year’s high of $ 13,800, bitcoin slid 47%. As a result, a “deadly cross” formed on the chart, which indicates the dominance of bears in the market. However, historical data show that bitcoin tends to grow after this figure. But for now, the first cryptocurrency is trading below the September 30 low at $ 7,714. It will be possible to talk about the resumption of the bullish forecast if the price breaks the $ 8314 mark (maximum on October 21).
The cryptocurrency market today is mostly green.
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From @alexandersteemit