Polkadot Price Upcoming Move As The Bears Emerge.
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Bitcoin Price Shows Sign Of Market Consolidation.
2021-08-17 | Selina Mathew
Low levels of daily trading volume persist as bitcoin struggles to edge higher while short positions are building, consistent with Datamish data, pointing toward a return to lower supports near $44k.
“Even though the trend has flipped bullish, a pullback is to be expected prior continuation,” revealed Marcus Sotiriou, sales trader at United Kingdom based digital asset brokerage GlobalBlock. “This is because there has been declining volume with a rise in price, as well as a bearish divergence within the RSI indicator on the daily time-frame.”
