Hello, dear members of LeoFinance!
Today I just want to write another short update on the price chart of Bitcoin.
Intraday BTC/USD is experiencing a price correction. However, in the 1-day chart, BTC/USD has received
support on the 30-day Moving Average (MA 30):
As can be seen from the chart, it's been the second time BTC/USD receives support on the MA 30 since the beginning of the current bull run.
Hopefully, the MA 30 won't let us down and will continue to support the price of Bitcoin.
To be continued ...
As of the time of writing, one Bitcoin costs $18,647.32 on Bitstamp crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 14+ years, and as a cryptocurrency analyst for the last 3+ years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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