Bitcoin

<ul><li>BTC’s price has dropped 3.83% over the last 24 hours.</li><li>The market leader has entered into a short-term bearish cycle.</li><li>Bulls have stepped in today to rescue BTC’s price.</li></ul>The crypto market leader experienced a 24-hour drop in price as the <a href="https://coinedition.com/market/" rel="noopener noreferrer nofollow">crypto market</a> shed 3.54% of its collective market cap. According to CoinMarketCap, the <a href="https://coinedition.com/bitcoin-btc-price-prediction/" rel="noopener noreferrer nofollow">price of Bitcoin (BTC)</a> is down 3.83% over the last 24 hours. This negative 24-hour price performance has flipped BTC’s weekly performance into the red, as it now stands at -1.36%.BTC’s price has entered into a short-term bearish cycle as the 9 EMA line has crossed below the 20 EMA line on BTC’s 4-hour chart. As a result, BTC’s price dropped to the major support level at $22,524.29. BTC’s price is now also trading below the 4-hour 9 and 20 EMA lines.See the Original CoinEdition

Bitcoin (BTC) Has Entered Into Short-Term Bearish Cycle

Coin Edition

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