RATE Group | Crypto Market & Bitcoin Bloodbath Not Over Yet: LTC, BNB, BCH, TRX Analysis
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Crypto Market & Bitcoin Bloodbath Not Over Yet: LTC, BNB, BCH, TRX Analysis

22 Nov Crypto Market & Bitcoin Bloodbath Not Over Yet: LTC, BNB, BCH, TRX Analysis

Posted at 07:30h in Bitcoin News by

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  • The total crypto market cap declined heavily and tested the $200.0B support (yesterday’s target).
  • Bitcoin price is down more than 6% and it is approaching the long awaited $7,400 bearish target.
  • Binance coin (BNB) price is down around 5% and it is now trading well below $17.50.
  • Litecoin (LTC) price is under a lot of pressure and struggling to hold the $50.00 support area.
  • BCH price is extending losses and it is trading near the $220 support area.
  • Tron (TRX) price is down and out, with a major support near the $0.0150 level.

Bitcoin (BTC) and the crypto market cap tumbling with a strong bearish angle. BNB, TRX are recovering, while Ethereum (ETH), litecoin, ripple, BCH, XLM, and EOS down more than 5%.

Bitcoin Cash Price Analysis

In the past few days, BCH price followed a bearish path below the $265 support against the US Dollar. BCH even failed to hold the $235 support and recently declined more than 8%. It is now trading near the $220 support, below which there is a risk of more losses…

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