Forecast and levels for Cryptocurrencies - page 29

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Sergey Golubev
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Press review

Sergey Golubev, 2020.03.13 08:13

Crypto News - Bitcoin: daily bearish breakdown; globval bearish trend is coming(based on the article)

Bitcoin/USD chart by Metatrader 5

Bitcoin/USD chart by Metatrader 5

  • "Bitcoin prices plummeted today, shedding approximately half of their value as global markets were afflicted by widespread panic and liquidity problems. The digital currency fell to as little as $3,867.09, CoinDesk figures show. At this point, the cryptocurrency had plunged 49.6% from its price of more than $7,600 at the start of the day, and was trading at its lowest in almost a year, additional CoinDesk data reveals."
  • "When explaining bitcoin’s extreme price decline, analysts emphasized concerns surrounding the coronavirus and a global liquidity crunch."

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The chart was made on MT5 with standard indicators of Metatrader 5 as well as the following indicators from CodeBase:


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