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Bitcoin Flashes Sell Sign For First Time Since June

Roland James

Summary: While Bitcoin (BTC) has started the year off with bang, a technical indicator is indicating potential trouble ahead. BTC’s Global Strength Indicator, a measure of upward and downward movements of successive closing prices, is now showing a sell signal, this is the first sell signal since the coin’s peak in June of last year. By ...

While Bitcoin (BTC) has started the year off with bang, a technical indicator is indicating potential trouble ahead.

BTC’s Global Strength Indicator, a measure of upward and downward movements of successive closing prices, is now showing a sell signal, this is the first sell signal since the coin’s peak in June of last year.

By Roland James

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Link: Bitcoin Flashes Sell Sign For First Time Since June   [Copy]
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