15 Jun 2018
Bitcoin recovery is fading away as the price is stalled on approach to $6,600. Should traders expect the market to resume the downside? What does today's 15 June BTCUSD Price Technical Forecast indicate?
15 June, OctaFX – The Cryptocurrency market came under heavy selling pressure this week, as a hacking scandal involving South Korean cryptocurrency exchange Coinrail caused widespread panic selling across the digital currency space.
Bitcoin fell towards the $6,000 level, which marked the lowest trading level since February 6th for the world’s largest cryptocurrency by market capitalization.
Ethereum was amongst the biggest losers, with the second most popular cryptocurrency at one stage shedding close to thirty percent of its trading value since last week, as the ETHUSD pair slumped to $440.
This article about 15 June BTCUSD Price Technical Forecast was provided by OctaFX. It should substitute for professional marketing consulting. Forex margin trading involves substantial risks. Forex margin trading exposes participants to risks including, but not limited to, changes in political conditions, economic factors, and other factors. All of which may substantially affect the price or availability of one or more foreign currencies.