TA: Bitcoin Corrects From $55.8K, Why Dips Could Be Limited | Headlines | News | CoinMarketCap

in hive-116221 •  4 years ago 

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Bitcoin price extended its rise above the $55,000 resistance against the US Dollar. BTC is correcting lower from $55,800 and it could find bids near the $52,500 zone.

  • Bitcoin climbed further above the $54,500 and $55,000 resistance levels.
  • The price is now trading well above $52,500 and the 100 hourly simple moving average.
  • There is a key bullish trend line forming with support near $52,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).


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4 years ago by

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      ·  4 years ago 

    Please stop promoting scamLike (dLike)

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