Crypto-Follow logo Crypto-Follow logo
Bitcoinerx 2019-11-25 06:00:10

Bitcoin Price Analysis: BTC/USD Approaching Key Support

Bitcoin picked up on more bearish momentum as it approaches the bottom of the descending channel on its daily time frame. This happens to line up with a longer-term area of interest around $6,000-6,150. The 100 SMA is still below the 200 SMA to indicate that the path of least resistance is to the downside […]The post Bitcoin Price Analysis: BTC/USD Approaching Key Support appeared first on BitcoinerX.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer