BTCUSD Gets Capped by 200-day SMA
<p><img width="612" height="462" src="https://www.actionforex.com/wp-content/uploads/2020/12/f-bitcoin10.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2020/12/f-bitcoin10.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/12/f-bitcoin10-600×453.jpg 600w, https://www.actionforex.com/wp-content/uploads/2020/12/f-bitcoin10-300×226.jpg 300w, https://www.actionforex.com/wp-content/uploads/2020/12/f-bitcoin10-556×420.jpg 556w, https://www.actionforex.com/wp-content/uploads/2020/12/f-bitcoin10-80×60.jpg 80w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Bitcoin in a steady advance, jumping above crucial descending trendline Despite the jump above 28,000, 200-day seems a tough obstacle Death cross points to losses but momentum indicators diverge BTCUSDÂ (Bitcoin) has been forming a structure of higher highs and higher lows since its bounce off the September bottom of 24,915. Interestingly, the completion of a […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/521786-btcusd-gets-capped-by-200-day-sma/">BTCUSD Gets Capped by 200-day SMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
Leave a Comment