High Hash Rate May Bolster Bitcoin Bulls Despite Near-Term Bearishness

Date : 09/20/2019 @ 10:00PM
Source : NEWSBTC
Stock : Bitcoin (BTCUSD)
Quote : 8102.25000000  -123.20000000 (-1.50%) @ 9:07PM

High Hash Rate May Bolster Bitcoin Bulls Despite Near-Term Bearishness

After incurring a sudden influx of buying pressure that sent Bitcoin’s price surging to highs of nearly $10,500, BTC has been unable to maintain its upwards momentum and has now retraced back towards its key support level at $10,000. Bitcoin’s fundamental strength has remained strong in spite of this lackluster price action, which may be...

The post High Hash Rate May Bolster Bitcoin Bulls Despite Near-Term Bearishness appeared first on NewsBTC.

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