12-02-2020, 03:31 PM
TA: Bitcoin Correcting Gains, Why 100 SMA Could Trigger A Larger Decline
Bitcoin price formed a new yearly high close to $20,000 before correcting lower against the US Dollar. BTC could accelerate its decline if there is a clear break below the 100 hourly SMA. Bitcoin is currently correcting lower below the $19,500 and $19,000 levels. The price is approaching a key support at $18,350 and the […]
https://www.newsbtc.com/analysis/btc/bit...18350/Kind Regards R
Bitcoin price formed a new yearly high close to $20,000 before correcting lower against the US Dollar. BTC could accelerate its decline if there is a clear break below the 100 hourly SMA. Bitcoin is currently correcting lower below the $19,500 and $19,000 levels. The price is approaching a key support at $18,350 and the […]
https://www.newsbtc.com/analysis/btc/bit...18350/Kind Regards R