If bitcoin price slides below USD 10,000, it may
increase bearish pressure.
In the broader scheme of things, Bitcoin price below critical support level created by 61.8 % Fibonacci retracement, which
increases the bearish pressure on the price.
Not exact matches
The price is encountering
increasing selling
pressure while the entire cryptocurrency market is engulfed in a
bearish trend.
If bitcoin price fails to hold the USD 8,000 support, there could be further
increase in
bearish pressure on BTC and altcoins.
In fact, there was a slight
increase in the
bearish pressure on ETH / USD and it declined towards USD 840.