Bitcoin (BTC) Prices Could Face Downward Pressure in Short Term, Trader Warns

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Bitcoin (BTC) Prices Could Face Downward Pressure in Short Term, Trader Warns

“Bitcoin continues to tend to sell on growth, failing to make a fresh attack on the 200-day moving average,” FxPro senior market analyst Alex Kuptsikevich said in a note to CoinDesk. “Bitcoin has recently outperformed the stock market but is now retreating against the buying in the indices.” www.coindesk.com

“Bitcoin continues to tend to sell on growth, failing to make a fresh attack on the 200-day moving average,” FxPro senior market analyst Alex Kuptsikevich said in a note to CoinDesk. “Bitcoin has recently outperformed the stock market but is now retreating against the buying in the indices.”

www.coindesk.com

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