Unstoppable: Bitcoin Price Hasn’t Corrected More Than 8% On Average Since April Rally9.8

Since the start of April, the price of the leading cryptocurrency by market cap has been parabolic, breaking key resistance level after another with relative ease, and inciting FOMO in the crypto market once again. Bitcoin has even stayed resilient in the face of some of the worst Tether FUD to hit the market and a hack of the most popular cryptocurrency exchange, Binance.

Even with major negative news breaking at important moments throughout the rally, Bitcoin has barely flinched, and has yet to face a significant correction. In fact, Bitcoin hasn’t seen anything more than an 8% pullback on average since the early April rally began, suggesting that this latest pullback might yet again be nothing for crypto investors to fret over.

Original source
https://www.newsbtc.com/2019/05/16/bitcoin-price-corrected-8-percent-average-april-rally/

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