Cryptocurrency Trading News: Bitcoin Slips Violently, Awaiting Correction

By June 1, 2015Bitcoin Business

ForexMinute.com — Last 24 hours in the cryptocurrency market displayed Bitcoin in a strong downward trend , where price crashed through some important downside levels and established a stronger bearish bias. Let’s have a detailed look: Bitcoin 4H Chart

As you can see the 4H BitFinex chart above, Bitcoin has dipped a way too much below the 50-, 100- and 200-H SMAs, while the 4H RSI has also gone under 30 — indicating […]

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