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CryptoSlate
2020-01-07 05:30:16

Key data shows Bitcoin uptrend is at risk as Bitfinex longs suddenly plunge

Bitcoin has rocketed to a 30-day high after posting one of its largest intraday rallies in weeks, but closer inspection suggests the sudden breakout may not mark the start of an uptrend. The rally, which began around 9 pm UTC Monday, injected more than $4 billion into market capitalization over five hours and took BTC […]The post Key data shows Bitcoin uptrend is at risk as Bitfinex longs suddenly plunge appeared first on CryptoSlate.