Not a good day at the mine for Bitcoin and cryptocurrencies 28 FebRecent sessions have seen decent advances for Bitcoin but today there’s a little reality check again, just like we’ve seen on GBP pairs in the wake of renewed Brexit wobbles.
It would appear there’s a some decent sell interest around $11000, unsurprising after the recent falls to the $6000 area. Traders in any pair are going to want to take some profit along the way even if they are in for the long haul. Jobbers will take money all day long too and cryptos present those opportunities.
Support/demand now around $10250 and sell interest/res building around $10750.