Bitcoin skids to 2-week low but technical analyst says slump not a ‘decisive breakdown’ until crypto does this
June 08, 2021 at 09:56 AM EDT
Bitcoin faces fresh selling pressure Tuesday, dragging the world's No. 1 crypto to lows not seen since late May. However, at least one technical analyst, says that the slump in bitcoin doesn't represent a decisive breakdown until it sees weak closes today and tomorrow.