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Today News – Bitcoin (BTC) Price Analysis: Next Potential Ceilings



Today News – Bitcoin (BTC) Price Analysis: Next Potential Ceilings

Bitcoin | BTC 6635.68 $ 2.08% Ethereum | ETH 473.83 $ 2.87% Ripple | XRP 0.49 $ 2.52% Litecoin | LTC 85.32 $ 1.17%Bitcoin was moving south since breaking below the bottom of a long-term symmetrical triangle. Price has been climbing recently and might be due for a pullback to the former support area. Applying the Fibonacci retracement tool on the latest swing low and high shows that the 50% level lines up with the broken triangle support. This is also close to the 100 SMA dynamic inflection point…

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Written by frances

Lawyer, Believer, Idea Agent, Database Wrangler, Human Casserole. I want to see your peacock.

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