n nn nn Finally, after about a week or so of a tight, range-bound market, bitcoin poked right through support. This swift move dropped the price nearly 10 in the span of just a few short hoursFigure 1 BTC-USD, Hourly Candles, 11 DropNot only did this move occur on high spread, it occured on high volume. This level of supply and overall lack of demand is nothing something you would want to see if you are feeling bullish regarding bitcoins market structure. Currentl

Source and More information: Bitcoin Price Analysis Strong Impulse Tests Macro Support Levels

Author: CryptScout.com