BitcoinLong
Bitcoin bulls emboldened by its test and rebound from support
Bitcoin trades higher at $57,093 (+4.06%), boosted by the latest polls showing pro-crypto Presidential candidate Donald Trump neck and neck in the race to the White House. Technical buying also supported the rebound after Bitcoin tested and held our crucial medium-term $52,000/$50,000 support level, highlighted in our post last week.
While Bitcoin holds above the $52,000/$50,000 support band, it remains in a multimonth trend channel, and there is scope for the rebound to extend towards the 200-day moving average, currently at $63,886.
While Bitcoin holds above the $52,000/$50,000 support band, it remains in a multimonth trend channel, and there is scope for the rebound to extend towards the 200-day moving average, currently at $63,886.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.