Bitcoin’s Bearish Monthly Close Raises Red Flags

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The Bitcoin (BTC) price created a shooting star candlestick for the month of June. This is a bearish pattern that normally indicates that the previous upward trend has lost its strength and a reversal is near. However, the short-term trend has no clear direction, and the price has been consolidating over the past two days. Bitcoin Resistance On June 29, the Bitcoin price broke out from
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Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.

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