n nn nn Last week, after a devastating move that shook the market violently up and down for a 7 move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800sFigure 1 BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move t

Source and More information: Bitcoin Price Analysis Potential Reaccumulation Could Test Bear Trend

Author: CryptScout.com