Friday, 3 August 2018

Week in Review: Crypto Rally Loses Steam as Bitcoin Falls Below 100-Day MA

The cryptocurrency market swung sharply lower this week, as bitcoin entered a short-term bearish cycle following a series of technical breakdowns. On Friday, the leading digital currency fell below the 100-day moving average, erasing the prospect of an imminent recovery. Bitcoin’s liquidity issues were also on display Friday after Hong Kong-based OKEx injected $18 million […]

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source https://cryptocurrencyonline.co/week-in-review-crypto-rally-loses-steam-as-bitcoin-falls-below-100-day-ma/

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