Cryptocurrencies: 2824 / Markets: 20760 Market Cap: 24h Vol:
Bitcoinerx
2020-01-15 06:00:13

Bitcoin Price Analysis: BTC/USD Channel Bounce or Breakout?

Bitcoin has been on a tear but is hitting another long-term resistance level at the top of its descending channel on the 1-hour time frame. This lines up with the 61.8% Fibonacci retracement level and might be the line in the sand for a correction. A break above the current levels could be enough to […]The post Bitcoin Price Analysis: BTC/USD Channel Bounce or Breakout? appeared first on BitcoinerX.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer