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Bitcoin Breaks the Triangle to the Downside, but There’s One More Obstacle on the Way for Sellers

Bitcoin Breaks the Triangle to the Downside, but There’s One More Obstacle on the Way for Sellers – Forex News by Strategia Forex

Cryptocurrencies had quite a bullish quarter in Q2 of this year. During Q1, altcoins traded mostly sideways, with bouncing between $3,000 and $4,000 for a few months. That came after the major decline in 2018, when Bitcoin fell from below $20,000 to $3,000, pulling so that was a sign that sellers were done and a reversal would follow in the coming months most probably.