{"id":401311,"date":"2019-10-14T06:00:16","date_gmt":"2019-10-14T06:00:16","guid":{"rendered":"https:\/\/wncen.com\/?p=401311"},"modified":"2019-10-14T05:29:05","modified_gmt":"2019-10-14T05:29:05","slug":"bitcoin-readies-for-next-big-move-after-slow-weekend","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-readies-for-next-big-move-after-slow-weekend\/","title":{"rendered":"Bitcoin Readies For Next Big Move After Slow Weekend"},"content":{"rendered":"
The weekend has been largely lethargic for Bitcoin and crypto markets with little movement out of their trading ranges. A couple of tests of resistance occurred but BTC was beaten back by the bears and quickly retreated to its support level. A breakout will come soon and traders are eyeing entry and exit zones.<\/p>\n
Since its very brief pump to $8,700 on Friday, BTC fell back to support at just above $8,300 and remained there for the duration of the weekend. Very little has happened to prices until late Sunday trading in the US session when they were pushed above $8,400 for a couple of hours.<\/p>\n
This too did not last with Bitcoin returning sharply to support again signaling a lack of buyers to take the asset higher. At the time of writing, Bitcoin had fallen below weekend support levels and was trading at around $8,280, just below its weekend support zone according to Tradingview.com<\/a>.<\/p>\n