Bitcoin price settled below the USD 50,000 pivot level. BTC could extend losses below USD 47,200 if it stays below USD 50,000. It is currently (11:54 UTC) showing bearish signs below USD 48,900, and only a close above USD 52,000 might start a steady increase.
Similarly, most major altcoins could extend losses. ETH could accelerate unless it breaks the USD 3,880 support. XRP might find support near USD 0.750. ADA is also moving lower towards an important support at USD 1.20….
Read More: Bitcoin and Ethereum Bears Remain In Control, OHM and SUSHI Rally
