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COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA · CRYPTO ·

Bitcoin price has limited downside, likely near bottom, contrarian indicator suggests

As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The bitcoin price's long-term moving averages are set to flash a bearish signal soon. That's good news for the bulls.
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Bitcoin's price is showing signs of a potential bottom, despite an impending bearish signal from long-term moving averages. A contrarian indicator suggests limited downside risk, signaling good news for investors looking for an entry point. This could mark a significant turning…

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Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.

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