BTCUSD Finds Strong Support at 50-day SMA

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<p>Bitcoin pulls back after rejection at 200-day SMA Decline ceases at the 50-day SMA Momentum indicators point to more losses BTCUSD (Bitcoin) had been forming a structure of higher highs and higher lows since its bounce off the September bottom of 24,915. However, the price has been on the retreat in the last few daily sessions […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/522783-btcusd-finds-strong-support-at-50-day-sma/">BTCUSD Finds Strong Support at 50-day SMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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