Movers and Shakers -26/03/20  

A late rally from Thursday continued into the early part of the morning. The Bitcoin bulls will be eyeing $7,000 levels to spur the majors into action.

Bitcoin rose by 0.95% on Thursday. Reversing a 1.09% fall from Wednesday, Bitcoin ended the day at $6,751.9

A bullish start to the day saw Bitcoin rally to an early morning intraday high $6,790.8 before hitting reverse.

Falling short of the first major resistance level at $6,960.73, Bitcoin slid to an early afternoon intraday low $6,516.0.

Steering clear of the first major support level at $6,422.93, Bitcoin found support to close out the day in the green.

The near-term bearish trend, formed at late June’s swing hi $13,764.0, remained firmly intact, reaffirmed by the March swing lo $4,000.

For the bulls, Bitcoin would need to break out from $10,000 levels to form a near-term bullish trend.

https://www.fxempire.com/news/article/the-crypto-daily-movers-and-shakers-26-03-20-641075