CryptoSlate: Bitcoin fails to recover as weekly volume on BitMEX drops 72% in 3 months, traders bearish
The Bitcoin price has failed to push above a relatively low resistance level at $8,374, making a bigger pullback into the mid-$7,000 region more likely. According to Arca’s chief investment officer Jeff Dorman, the current state of the cryptocurrency market, given the low volume of bitcoin, incentivizes traders to short bitcoin until bottom levels are […]
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