On June 2, the Bitcoin price was subject to a rapid decrease that caused it to drop by roughly $600 inside of an hour.
At the time of press, BTC was trading at $9,500, slightly above a minor support area.
Bitcoin Bearish Engulfing Candlestick
Yesterday, the Bitcoin price was strongly rejected by the $10,500 resistance area and created a bearish engulfing candlestick. This caused it to
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.