Bitcoin Rebuffed at $11,000 But Still In Bull Territory
Bitcoin has failed the $11,000 test again although it was a pretty half-hearted attempt. Touching $10,948 on Coinbase, the price quickly retreated to currently trade at . Just as the 200 MA on the day chart is providing support, it is the 4-hour 200 MA that s the resistance that could prove a hard nut for the bitcoin bulls to crack. Bitcoin is $1,000 higher since the news broke of Bakkt bitcoin futures going live on 23 September. That Bakkt bump looks like it could be running out of breath in the short-term. Wall Street analyst Thomas Lee, co-founder of FundStrat noted the attack on 11,000 seemed to confirm that tripe tops do happen, but he “boom of the third top ha since sagged. BOOM! #Bitcoin again showing there…