Bitcoin Bulls Wear Off with Immense Pressure from China
- Date: 21-Jun-2021
- Source: Yahoo News
- Sector:Economy
- Country:Middle East
Bitcoin Bulls Wear Off with Immense Pressure from China
The recent “death cross” on Bitcoin's daily and hourly charts weakened price stability as Bitcoin miners continue to face immense pressure from China in the wake of deadly coal accidents, further weakened Bitcoin bulls resolve to break above $38,000.
Price patterns reveal Bitcoin has lost about 13% in the past seven days.
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