Bitcoin Bulls Eye $6,400 Defense After Four‐Month Low

Оригинал: https://www.coindesk.com/bitcoin-bulls-eye-6400-defense-after-four-month-low/

Bitcoin is still looking south, having hit four‐month lows today, but the bearish momentum may wane due to short‐term oversold conditions, the technical charts indicate.

More bears joined the party in the U.S. session Tuesday after the cryptocurrency failed to cross twin resistance at $6,859 (50‐hour moving average (MA) and 23.6 percent Fibonacci retracement).

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