Home / Bitcoin / Bitcoin technical analysis
btcusd
btcusd

Bitcoin technical analysis

Bitcoin is in a clear bullish path and soon will challenge the all time high area at 4921. It looks like the Catalonian leader speech add more confidence to the buyers, and sent the cryptocurrency to new daily highs. Bitcoin is trading above the 50 day moving average and after today’s run gives a clear signal that is ready to break the all time high.

 

Check Also

bitcoin

Prison for buying bitcoin? Proposed law could see Russians serving time for using cryptocurrencies

Politicians in Russia have suggested punishment of up to 2 million rubles and seven years in jail for the illegal use of digital assets and currencies. Some say the proposed law amounts to a total ban on cryptocurrencies.