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Bitcoin (BTC) Price Forecast: Looking to Fill the Gap

From dailyfx.com

If you are interested in trading the cryptocurrency market, we have produced aDay Trading Guide to Bitcoin and Other Cryptocurrenciesto help you better understand this highly volatile asset class. Bitcoin is testing its recent lows as a range of technical indicators begin to weigh on the cryptocurrency. The recently supportive 200-day moving average is now under threat and a close below here – currently at $9,183 – would produce a short-term negative signal. The price is also pushing back through a cluster of recent lows and a break and close below the October 26 low at $8,890 would be another bearish sign. This ... (full story)

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  • Category: Technical Analysis