Ready to Get Started?
Start here. Join 2.9M Libertex users around the world!
Following an earlier update here, noting the rebound from Asian lows underneath 67k, to above 68k, Bitcoin has fallen back again and just now set fresh session lows, 65,599 a moment ago. That means it has now tracked closer to the noted first technical support level. That is the 21 day moving average and it is in place right now at 64,195, but it is shifting all the time. The price action right now is very rapid too and each time I check the price its shifted markedly from one price swing to the next. So, it seems this correction lower is still playing out this morning. It just remains to be seen if that 21 day moving average will be put to the test, or not. I am certainly not ruling it out, but then we might see if it holds, or not. Bitcoin is currently trading at 66,255
The earlier push above its 200 day moving average in BTC has now been extended upon. Bitcoin has just now lifted above 65k for the first time since...
Following on from the previous update noting the news session highs in the USD/JPY, the Yen/Gold dynamic is in place this afternoon. There are no US...
Gradually today the dollar has picked up steam. The EUR/USD has slipped below 1.0920 and the GBP/USD has edged underneath 1.3050. The driver for those...
Start here. Join 2.9M Libertex users around the world!