BTCUSD Consolidates Below its 18-month Peak
<p><img width="612" height="460" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin5.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin5.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin5-600×451.jpg 600w, https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin5-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin5-265×198.jpg 265w, https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin5-559×420.jpg 559w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<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 […]</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>
Leave a Comment