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Crypto Indicator Suggests Bitcoin Selling Trend May Soon Be Over

  • Published on: Jul 11, 2018 - 3:36 PM
  • Source: Live Bitcoin News

Crypto Indicator Suggests Bitcoin Selling Trend May Soon Be OverA Bitcoin technical trend indicator may be signaling a price increase for the number one cryptocurrency after what has been a tough year for it. Bitcoin on the Up? Since the beginning of 2018, the cryptocurrency market has been struggling. Bitcoin’s high of nearly $20,000 in mid-December seems like a distant memory as it continues its battle to regain the $10,000 mark. At the time of publishing, Bitcoin is trading at $6,376, according to CoinMarketCap. This represents a 3.38 percent drop in 24 hours. Yet, while the price of Bitcoin may be in a rut right now, it may soon see a positive turn.

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