Movers and Shakers -04/04/20
David Airben
Market
4 years ago
1 QCP
It’s a mixed start to the day for the majors. A Bitcoin move back through to $6,800 levels would signal a breakout…
Bitcoin fell by 1.04% on Friday. Partially reversing a 1.96% gain from Thursday, Bitcoin ended the day at $6,740.8.
A bullish start to the day saw Bitcoin rally to a late morning intraday high $7,049.1 before hitting reverse.
Falling short of the first major resistance level at $7,202.80, Bitcoin slid to a late afternoon intraday low $6,623.3.
Finding support late in the day, Bitcoin briefly recovered to $6,800 levels before easing back into the red.
The near-term bearish trend, formed at late June 2019’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-04-04-20-642382
Bitcoin fell by 1.04% on Friday. Partially reversing a 1.96% gain from Thursday, Bitcoin ended the day at $6,740.8.
A bullish start to the day saw Bitcoin rally to a late morning intraday high $7,049.1 before hitting reverse.
Falling short of the first major resistance level at $7,202.80, Bitcoin slid to a late afternoon intraday low $6,623.3.
Finding support late in the day, Bitcoin briefly recovered to $6,800 levels before easing back into the red.
The near-term bearish trend, formed at late June 2019’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-04-04-20-642382
- Cryptocurrency news
- Crypto daily
- Cryptocurrency
- Bitcoin
Registered recently:
Confirm Delete
Are you sure, you want to delete the Comment ?