Bitcoin Price Prediction: BTC/USD locked in a range amid low trading activity 

146 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

acfutbol73
Published
Bitcoin Price Prediction #BTC #USD locked in a range amid low trading activity Confluence Detector
http://ntvforex.com/news/?id=0a6fb4. . 2 minutes ago #BTC #USD bulls struggle to push above $11,500. The support of $11,300 will slow down the bears. Bitcoin #BTC has been range bound below $11,500 since the middle of the week. A cluster of technical barriers prevents the price from moving upwards towards the next critical resistance created by $12,000. At the time of writing, #BTC #USD is changing hands at $11,440, having recovered from the intraday low of $11,281. The coin is mostly unchanged both on a day to day basis and since the beginning of the day. #BTC #USD daily chart On the intraday charts, #BTC #USD dropped below 1 hour SMA100 and headed to $11,400. If this barrier is passed, $11,300 will come int focus. This support should slow down the bears for the time being. However, once it is broken, the sell off may be extended to $11,250, which is the lowest level of the week. On the upside, ...
Category
Crypto Trading
Tags
Be the first to comment