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Bitcoinist 2019-08-14 19:08:41

Bitcoin Price Analysis: BTC Breaks $11,000 Support

Over the last 48 hours, Bitcoin price has broken support at $11,000 mentioned in my previous analysis and has since dropped back to support around $10,100. High selling volume indicates further downside over the coming days. Bitcoin 2-Hour Price Analysis On the 2 hour chart for XBT/USD, we can see support above $11,000 has been broken convincingly with a clear increase in selling momentum. Bears are in control of the short-term price action as priceRead MoreThe post Bitcoin Price Analysis: BTC Breaks $11,000 Support appeared first on Bitcoinist.com.

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