Bitcoin Technical Analysis – We are approaching a key resistance level ...Middle East

forex live - News
Bitcoin Technical Analysis – We are approaching a key resistance level
Fundamental OverviewThe more dovish than expected FOMC decision eventually marked the bottom in many risk assets including Bitcoin. In addition, the benign US CPI figures on Wednesday were the trigger for the risk-on sentiment that took US stocks to new all-time highs and boosted the cryptocurrency. As long as the positive sentiment holds, we should see new highs for Bitcoin in the next few weeks with a break above the 67275 level probably confirming the bullish case. Bitcoin Technical Analysis – Daily TimeframeOn the daily chart, we can see that the break below the key support zone around the 60K level eventually turned out to be a fakeout. The cryptocurrency is now near a key swing point a

Hence then, the article about bitcoin technical analysis we are approaching a key resistance level was published today ( ) and is available on forex 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 Technical Analysis – We are approaching a key resistance level )

Apple Storegoogle play

Last updated :

Also on site :