Mark804

btcusd sell signal

Short
Mark804 Updated   
OANDA:BTCUSD   Bitcoin

Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis.


Bitcoin Price (BTC) Real-Time Live Price


Bitcoin has rallied by around 12% since Sunday’s opening print as demand for the largest cryptocurrency by market cap continues to increase prices. A technical, bullish, break of a short-term descending channel now suggests that Bitcoin will attempt to make a fresh record high in the near-term and likely ahead of next month’s halving event. Any pullbacks will find initial support around 69K before just under 65K comes into focus. The Average True Range (ATR) reading is at a multi-month high, while the CCI indicator shows Bitcoin nearing overbought territory. The chart set-up suggests Bitcoin will move higher over the coming days but a short-term turn lower cannot be discounted. confirm btcusd sell signal



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