Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
An update here yesterday noted how Bitcoin was still running running into resistance above 95,500. Well, guess what? It did that again yesterday evening, when it stalled at 95,490 just ahead of the wider US close. Perhaps that repeated failure at the 95,500 level helped deliver a relapse earlier today. BTC fell back to 93,792 at the start of the Asian session. However, it has rebounded again since and lifted back above 95k once more. Meantime, we still have divergence in the daily moving averages. The 100 day is still falling (in place right now at 90,435) and the 200 is rising (in place right now at 89,662). Of course the prevailing price action is well above both of those anyway, but it remains to be seen, if the current price action between 93k and 95.5k is consolidation or a plateau. Hard to say at this point. The high seen so far today has been set at 95,196. BTC is trading right now at 94,940
Start here. Join over 3M Libertex users around the world!