馃搱 Daily TA: Bitcoin (BTC/USD) | 24-02-2021

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Hello, dear members of LeoFinance!

The correction in the price chart of Bitcoin in the daily time frame (1D) continues:
24.02.2021 BTCUSD.jpg
The closest significant support is at the level of the 30-day Moving Average (30 MA) or approximately $43,632.39.

Let's cross our fingers for Bitcoin that it bouncess off the 30 MA.

To be continued ...

As of the time of writing, one Bitcoin costs $48,253.75 on the 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 14,5 years, and as a cryptocurrency analyst for the last 3,5 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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馃搱 Daily TA: Bitcoin (BTC/USD) | 24-02-2021 | Ecency