
TA: Bitcoin Steadies Above $50K, Why BTC Could Recover To $55K
Bitcoin price extended its decline and traded close to $50,000 against the US Dollar. BTC is now consolidating losses and it is likely to start a recovery towards $55,000. Bitcoin extended its decline below $52,500 and $51,200 support levels. The price is now trading well below $55,000 and the 100 hourly simple moving average. There […]
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Bitcoin price started a downside correction from the $61,700 high against the US Dollar. BTC is holding gains above the $58,500 and $58,000 support levels. Bitcoin gained bullish momentum above $60,000 and it even traded above $61,500. The price corrected lower below $60,000, but it is still well above the 100 hourly simple moving average. […]
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The bitcoin market dipped again Tuesday while traders have scooped up ether options at the $1,120 price level.
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