BTCUSD Consolidates Below its 18-month Peak

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<p>BTCUSD surged above 35,000 to its highest since May 2022 Has been flat since then, forming a pennant pattern Momentum indicators remain within overbought territories BTCUSD (Bitcoin) has experienced a massive rally driven by speculation around the approval of spot-Bitcoin ETFs, which sent the price to a fresh 18-month high of 35,187. However, the leading cryptocurrency has [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/525605-btcusd-consolidates-below-its-18-month-peak/">BTCUSD Consolidates Below its 18-month Peak</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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