Bitcoin Bulls Eye $6K Bottom After 4-Month Low

Source: Altcoin Today, originally published on .

http://altcointoday.com/bitcoin-bulls-eye-6k-bottom-after-4-month-low/.

Bitcoin Bulls Eye $6K Bottom After 4-Month Low Bitcoin is still looking south, having hit four-month lows today, but the bearish momentum may wane due to short-term oversold conditions, the technical charts indicate. More bears joined the party in the U.S. session Tuesday after the cryptocurrency failed to cross twin resistance at $6,859 (50-hour moving average (MA)…

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