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Bitcoinist 2020-05-13 01:00:35

Bitcoin Is in “No Man’s Land” After the Halving: Here Are Key Levels to Watch

Since the block reward halving on Monday, the Bitcoin market has entered somewhat of a lull, with the asset trading in the high-$8,000s with little volatility ever since the event. This price action — or lack thereof — has brought the cryptocurrency into “no man’s land,” according to one popular crypto trader pointing to the chart below. “No break in market structure by my rules yet on the 1D. Close below $8529 and 1D flips […]

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