TA: Bitcoin Corrects From $40K, Why $35K Could Protect Losses

TA: Bitcoin Corrects From $40K, Why $35K Could Protect Losses

Bitcoin price surged above the $40,000 level before correcting lower against the US Dollar. BTC traded below $38,000, but it is likely to find a strong support near $36,500 or $35,200 Bitcoin extended its rally above the $38,000 and $40,000 resistance levels. The price started a downside correction from a new all-time high at $40,400, […]


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TA: Bitcoin Corrects To $35K, Why BTC Could Start A Fresh Increase

Bitcoin price started a downside correction after it broke $39,000 against the US Dollar. BTC tested the key $35,000 support and it is currently consolidating losses. Bitcoin started a downside correction below the $39,000 and $38,000 support levels. The price is now trading well below $38,000 and the 100 hourly simple moving average. There was […]