Bitcoin Rallied 25% in August but You May Not Want to Get Too Excited
Bitcoin's recovery looks promising, but it must break above May's high to confirm a new bull market as mixed signals keep downside risks alive.
Bitcoin went up a lot in August, which looks good, but it needs to pass an old high to really prove things are getting better. Right now, there are still warning signs that things could go back down.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.