BTC/ZEN

The bitcoin price formed a new high yesterday at the $20466 level. Soon there was a price pullback, and now we are back in the zone around $20,000 at 38.2% Fibonacci. for the bullish option, we need to maintain this level now and, with a new positive consolidation, try to continue on the bullish side. Then we would once again test yesterday’s high and 50.0% ...

When I see this chart, I recognize that we are essentially hanging about and trying to figure out where to go next. Bitcoin does struggle in general as the markets will try to figure out how to take risks in an environment that central banks continue to tight monetary policy. There was a little bit of excitement during the day as the Australian central bank ...