Bitcoin – Bears Reclaim the Market

By June 1, 2015Bitcoin Business

Over the weekend, we saw bitcoin fall into a bear’s market. After a week-long consolidation that had support down around 235, bitcoin fell below this range over the weekend. As we get into a new week, the cryptocurrency remains in bearish action pushing to 223 as we begin the 6/1 US session.

Bitcoin (BTCUSD) 1H Chart 6/1 bitcoin 1h chart 6/1 (click to enlarge)

Some might see that there is a bullish divergence between price […]

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