Last week, bitcoin was in a bullish breakout but the rally stalled under 240. After that there was a slow drift to end the week. Throughout the weekend, btcusd continued to trade lower and plunged lower to 214 before the start of the week. This weekend weakness has brought bitcoin back to its prevailing bearish trend, keeping it intact. (click to enlarge) As we can see in the 1H chart, btcusd ended last week […]
