Bitcoin and other cryptocurrencies are tumbling down once again, and many ask: where will it bottom out? While it is hard to catch a falling knife, some technical levels stand out on BTC/USD. The Technical Confluence Indicator shows that the $6,403 level is critical as it is a dense cluster of levels including the Pivot Point one-month Support 1, […] The post If Bitcoin wants to recover, there is one level it needs to capture quickly appeared first on Forex Crunch.
Latest posts by Forex Crunch (see all)
- USD/JPY ready to break out of range, waiting for Powell and US GDP - February 22, 2019
- CAD rising oil and USD weakness, but now faces two big tests - February 22, 2019
- EUR/USD has three fundamental reasons to rise - February 22, 2019