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Bitcoin Technical Analysis - Awaiting a catalyst

Bitcoin Technical Analysis - Awaiting a catalyst
Bitcoin continues to surprise in light of many headwinds that range from economic issues in China and risks of higher rates if inflation remains stubbornly high given the resilience in the labour markets and consumer spending. Bitcoin Technical Analysis – Daily TimeframeOn the daily chart, we can see that Bitcoin’s price action has been choppy for several weeks and it doesn’t look like it will change soon. The bias for now remains bearish as the fakeout above the resistance led to a bigger corre... Read More
Posted: Aug 16 2023, 10:36
Author Name: forexlive
Views: 022151

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