BTC/USD: Bearish Divergence Pattern Forms

BTC/USD: Bearish Divergence Pattern Forms

From dailyforex.com

Bitcoin price held quite steady above the key support level at $36,000 as traders waited for the next big catalyst. The BTC/USD pair was trading at 36,800 on Monday, much higher than last week’s low of 24,780. It is a few points below the year-to-date high of 38,000. Waiting for the next catalyst Bitcoin price has been muted in the past few days as the industry has had no major news. The most important news came out on Friday when the Securities and Exchange Commission (SEC) delayed the Bitcoin ETF by BitGo and Franklin Templeton. Most analysts believe that the SEC will ultimately accept some or all of these ETFs ... (full story)

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