Bitcoin, Litecoin Switch to Downtrends
Both bitcoin and litecoin have switched into downtrends today after breaking key support levels. News from South Korea and China keeps weighing on market sentiment.
Bitcoin Switches to Downtrend
After a long time bitcoin is finally in a downtrend on the daily charts. The last time this happened was during September of 2017 and the move lower lasted two weeks with prices eventually bottoming out near the $3,000 mark.
Read more: https://blog.fxopen.com/bitcoin-litecoin-switch-to-downtrends/