View full page at cryptocraft.com

 

BTC/USD Forecast: Support on Dips

From dailyforex.com

Bitcoin has been choppy on Wednesday, as we are looking at a retest of the previous resistance barrier, the top of the ascending triangle. Bitcoin is making quite a bit of noise during the trading session on Wednesday as the market tested the top of the previous ascending triangle and now has found buyers coming in to pick up a little bit of value. I think ultimately the question will be what happens next with risk appetite, as we clearly have a lot of concern when it comes out in the markets via the headlines coming out of the Middle East. Supposedly, we have some type of memorandum of understanding as to where we ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis