Bitcoin Confidential (BC) gets a bearish rating from InvestorsObserver Tuesday. The coin is down 13.38% to $0.000003706458536 while the broader crypto market is up 0.03%.
Bearish
Over the last five days, Bitcoin Confidential has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Bitcoin Confidential over the past five days by volume and price movement.
The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price Levels
Bitcoin Confidential is currently trading near its five-day low of $0.00000283658732769254. The coin is 86.80% off its five-day high and is 30.67% higher than its five-day low of $0.00000283658732769254.
Bitcoin Confidential price is well positioned between support and resistance. With support set around $0.00000324543112462563 and resistance at $0.00000491729770935492, has some room to run before facing resistance.
Bitcoin Confidential has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.
What is a coin?
A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.
Due to a lack of data, this crypto may be less suitable for some investors.
Click here to unlock the rest of the report on Bitcoin Confidential
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You’re all set to receive the Morning Update newsletter
