Crypto-Follow logo Crypto-Follow logo
Bitcoinerx 2019-11-13 06:00:36

Bitcoin Price Analysis: BTC/USD Channel Support Still Holding

Bitcoin is still inside its descending channel on the 1-hour time frame and hovering above support around $8,600. The price could be able to pull up to the top of the channel around $9,000 before resuming the slide. Applying the Fibonacci retracement tool shows that the 61.8% level lines up with the channel top while […]The post Bitcoin Price Analysis: BTC/USD Channel Support Still Holding 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