Bitcoin continues to look less bullish than Ethereum bitcoinusa bitcoinprice forexsignals
I wrote on Thursday last week that although there were bearish signs in the short-term price action and new lower resistance levels, the pattern of higher lows and the holding of support near $30k also gave reasons for a bullish case. I thought that swing and longer-term traders should be looking for a long trade from a bullish bounce at $35,583 which might set up later. Unfortunately, this did not quite set up, but the price got near that level and has risen since then.
If the price can breakout beyond this range and get established above $46,000, that will be a bullish sign that the price is likely to head towards $48,455 later.Top Forex Brokers
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GBP/USD Forex Signal: Consolidating Above $1.3500 Area$GBPUSD Forex Signal: Consolidating Above $1.3500 Area
Read more »
EUR/USD Forex Signal: Bullish Flag Points to ReboundThe EUR/USD pair wavered in the overnight session as investors continued to assess the impact of the hawkish Fed and ECB on the respective currencies.
Read more »
USD/TRY Forex Signal: Trading Below Resistance LevelsThe price of the Turkish lira varied against the dollar during the early trading on Wednesday.
Read more »
AUD/USD Forex Signal: Bullish Breakout to 0.7200 LikelyThe AUD/USD pair has been in a tight range in the past few days as investors assess the actions of the Reserve Bank of Australia (RBA) and the Federal Reserve.
Read more »
EUR/USD Forex Signal: Cup and Handle and Bullish Flag FormsThe EUR/USD pair tilted higher on Thursday morning as focus shifted to the upcoming US consumer price index (CPI) data.
Read more »
AUD/USD Forex Signal: Profit-Taking Can\u2019t be Ruled OutThe AUD/USD bullish momentum continued as investors continued cheering Australia\u2019s reopening plans.
Read more »