Bitcoin lost another 6 percent of its value on Sunday, November 24 and stepped down to $6,898. The coin closed the week 19 percent lower compared to the previous seven-day period.
The trading session on Monday, November 25 started positively for bulls as the BTC/USD pair climbed up to 7,133. It successfully regained positions above $7,000 and added 3.4 percent after moving in the wide $7,400 - $6,514 area during intraday.
The most popular cryptocurrency continued to move upwards on Tuesday, November 26 and closed with a small increase of $7,149.
The mid-week session came with a third consecutive green candle on the daily chart. Bitcoin jumped up to $7,526 suggesting a short-term reversal in trend.
The trading session on Monday, November 25 started positively for bulls as the BTC/USD pair climbed up to 7,133. It successfully regained positions above $7,000 and added 3.4 percent after moving in the wide $7,400 - $6,514 area during intraday.
The most popular cryptocurrency continued to move upwards on Tuesday, November 26 and closed with a small increase of $7,149.
The mid-week session came with a third consecutive green candle on the daily chart. Bitcoin jumped up to $7,526 suggesting a short-term reversal in trend.
- BTC bulls looking to break the downtrend and reverse the trading direction around $7,580 in the coming days
- $6,500 proofed to be solid support for the moment successfully holding under the bear pressure, so I don't expect drops below that level