Canadian Senator Cautions on Bitcoin In my previous analysis titled Follow This! , I advised that market participants create short positions by placing a stop-loss just above the downward sloping resistance level for a target of $280. Since yesterday’s $285.63, Bitcoin has plunged nearly 2 percent to an intraday low of $279.46 and is now trading at $281.01.
Now that the price has descended to the support level, will it rebound or will it pierce […]