When the fundamentals are inexplicable, sometimes there is some sense in the technicals...
The drop in BTC/USD over thep ast 5 days is a near-perfect measured move below the rising channel it had been in since March. The $30k level where the priced bounced yesterday found support from the February lows.
The price is now back at its 200-day moving average, which will one hurdle to overcome if the price is headed back to $50k again.
The drop in BTC/USD over thep ast 5 days is a near-perfect measured move below the rising channel it had been in since March. The $30k level where the priced bounced yesterday found support from the February lows.
The price is now back at its 200-day moving average, which will one hurdle to overcome if the price is headed back to $50k again.
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tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
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Signup to my newsletter:
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.