BTCUSD Still Bullish

Bitcoin has started to suffer from a lack of buying interest above the $63,000, following the recent rally towards the $65,000 level. The BTCUSD pair still has a strong bullish bias on the short-term while the price trades above the $60,000 support level. It is possible that the BTCUSD pair could drift back towards the $60,000 support region if buying interest remains weak around the $63,000 level.


The BTCUSD pair is only bullish while trading above the $60,000 level, key resistance is found at the $63,500 and the $65,000 levels.


If the BTCUSD pair trades below the $60,0000 level, sellers may test the $58,380 and $57,000 levels.



0 views0 comments

Recent Posts

See All