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Bitcoin Technical Analysis: BTC/USD plummets further, as price is breaks the last legs of a strong demand zone, at danger of large further selling

Bitcoin continued to come under selling pressure on Wednesday, dropping to lowest level since February. BTC/USD has breached the very lowest part of a strong touted demand zone, which tracked from $6800-6380 The price managed to receive a small bounce at the back end of a supporting area.   BTC/USD 60-minute chart   Spot rate: […]

The post Bitcoin Technical Analysis: BTC/USD plummets further, as price is breaks the last legs of a strong demand zone, at danger of large further selling appeared first on Forex Crunch.

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