Bitcoin Analysis steemCreated with Sketch.

in #cryptocurrency • 5 years ago

Bitcoin (BTC) has been holding near $11,000 for the past two days, which is a positive sign. This shows that the bulls expect the rally to continue, hence, they are not booking profits in a hurry. If the price stays above the resistance line of the channel, we anticipate the uptrend to resume within a couple of days. Currently, both the moving averages are trending up and the RSI is in overbought territory, which suggests that bulls are in command.
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https://finance.yahoo.com/news/price-analysis-24-06-btc-211000678.html

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5 years ago in #cryptocurrency by
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