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Bitcoin Stays Flat, but not for Long

From tickmill.com

Bitcoin remains at the level of 26000 for now. The asset might potentially test the supporting area formed around the level of 25000, rebound, and target the psychological support at the level of 30000. So, let’s observe what might happen next. {chart} Gold is trying to recover after the drop, targeting the level of 1980 located next to the downtrend. It is noteworthy that the asset’s price might potentially rebound from the crossing point of these trendlines and drop. {chart} American stock index S&P500 successfully tested the broken horizontal level of 4448. It is targeting the supporting level of 4328 now. The ... (full story)

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  • Category: Technical Analysis