The past week has been the toughest since November’s FTX crash, with Bitcoin falling over 10%. According to the Cryptocurrency Screener Cryptovizorwhich determines the price of BTC/USD based on the results of trading on spot exchanges, the lower point of the fall corresponded to $27,045, while the week closed with a bearish engulfing candlestick pattern. Bitcoin weekly chart. Source: Cryptovizor The collapse of the bitcoin rate and the bearish pattern did not embarrass the head of the Eight trading firm, Michael van de Poppe. It follows the following scenario: $26,600, then $28,800, and then $25,000. Although at $28,800, the market
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Author: NixCoin