FXHighway

BTC suffers more losses

Short
BITSTAMP:BTCUSD   Bitcoin
2
BTC price confirmed breaking below 496.80 level after a successful retest process for this broken level, which opens the way to head towards the next main station located at 339.40.

EMA50 continues to push negatively on the price, with more bearish actions to come unless the price managed to breach above 496.80 then 560.00 levels.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.