Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is facing a pullback ?
by
zurc
on 26/04/2018, 12:28:09 UTC
Bitcoin rose to $9,767 on Bitfinex yestarday - the largest amount since March 12 - before falling back to $9,100. As of composing,BTC is changing hands at $9,125.
The 6.8 percent drop from the intraday highs signals bullish fatigue close to the step by step rising. Moreover, the 4-hour diagram beneath indicates scope for a more profound pullback ahead.
Remember that there is always a pullback after the pull-up. We are in the cryptocurrency industry soaring high and dumping deep are normal it is just a matter of volatility.