Bitcoin price analysis: BTC/USD embraces support at $50 SMA, intraday gains limited below $6,200; BTCC Pool Limited sells 49% to VC Holdings Limited

Bitcoin price is consolidating above $6,100 and forming a weak bullish flag pattern. The deal, although not final, is expected to raise about $17 million. BTCC controls least 1.1% of the total Bitcoin hash power. Bitcoin price declined further over the weekend smashing its way past the February lows to trade below $6,000. The short-term […]

The post Bitcoin price analysis: BTC/USD embraces support at $50 SMA, intraday gains limited below $6,200; BTCC Pool Limited sells 49% to VC Holdings Limited appeared first on Forex Crunch.

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