Bitcoin Analysis: Bullish Correction Still Possible if Price Holds Above $3,550

Bitcoin Price — Quick Take: The bitcoin price dropped more than 8 percent on a 24-hour adjusted timeframe. The cryptocurrency is attempting a pullback from a historically strong support area above $3,550. Further breakdown action could lead to a double bottom scenario. The bitcoin price on Thursday plunged more than 8 percent across the Asian … Continued

The post Bitcoin Analysis: Bullish Correction Still Possible if Price Holds Above $3,550 appeared first on CCN

Source: Bitcoin Analysis: Bullish Correction Still Possible if Price Holds Above ,550