The price of bitcoin has extended to the highest level since May 2022. The high price has reached $38408Bitcoin moves above and away from the 38.2% retracementLooking at the daily chart above, the price of the digital currency moved above the 38.2% of the move down from the 2021 high at $69000 three weeks ago at $35.924 and has spent most of the current week above that level. With the extension away today, that level is now a close risk level. Trading above the 38.2% of a trend move (whether on a long or short term chart) is the minimum to show the buyers are taking more control. Absent that, and the correction is just a "plain Vanilla" variety. The buyers are taking more control.
Hence then, the article about bitcoin trades to the highest level since may 2022 was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Bitcoin trades to the highest level since May 2022 )