Current Price $541.27
It’s been another bullish week for Bitcoin (BTC) as the price surged past the critical $7,200 resistance, as mentioned in last week’s analysis, all the way to $7,300. However, the price has corrected slightly and is now sitting just below $7,200. So was this the local top? Or has the leading digital asset got some steam left in it ahead…
The U.S. stock market is at a major pivotal point as a TD9 sell indicator has lit up while the Dow Jones remains at the 0.618 Fibonnaci level. There is a strong possibility that a pullback of equities would translate to increased selling pressure on Bitcoin. Fibonacci and TD9: a brutal combination for predicting corrective phases The TD sequential is…
With Bitcoin’s (BTC) halving less than 23 days away, traders would like to go into the event with strong bullish sentiment but this is yet to be determined. If Bitcoin is able to breakout and sustain above its overhead resistance, it is likely to pull the crypto markets higher. The first sign of strength would be if the total market…