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Author Topic: Bitcoin Takes a Breather, Could Find Support at $50K-$52K  (Read 299 times)

Offline Tanimariya

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Bitcoin Takes a Breather, Could Find Support at $50K-$52K
« on: October 13, 2021, 04:43:45 PM »
Upside momentum is slowing, although pullbacks could be limited into Asian trading hours. Bitcoin (BTC) buyers are exiting positions as overbought signals appear on the charts. Resistance is seen at around $58,000-$60,000, the level that preceded a price drop in May. This time, however, pullbacks could be limited toward the $50,00-$52,000 support zone.

BTC was trading at around $55,600 at press time and is down 3% over the past 24 hours. Source Link


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Bitcoin Takes a Breather, Could Find Support at $50K-$52K
« on: October 13, 2021, 04:43:45 PM »

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