The price range for trading bitcoin is narrowing more and more
The bitcoin trading range is shrinking as speculators seek to position themselves on the right side of the possible explosion. According to last months volume-weighted price analysis by Bitstamp, market optimists rush into bitcoin trading when the price falls below USD 10,000, while pessimists seek to exit the asset when the price approaches USD 12,000.
It is irrational how people get obsessed around psychological levels, Carig Erlam, an expert market analyst with Oanda in London, said in an interview......read more
https://www.cryptoknowmics.com/crypto/price-range-for-trading-bitcoin-is-narrowing-more-and-more/
The bitcoin trading range is shrinking as speculators seek to position themselves on the right side of the possible explosion. According to last months volume-weighted price analysis by Bitstamp, market optimists rush into bitcoin trading when the price falls below USD 10,000, while pessimists seek to exit the asset when the price approaches USD 12,000.
It is irrational how people get obsessed around psychological levels, Carig Erlam, an expert market analyst with Oanda in London, said in an interview......read more
https://www.cryptoknowmics.com/crypto/price-range-for-trading-bitcoin-is-narrowing-more-and-more/