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Eightcap
Mar 21, 2024 5:28 AM

Bitcoin: has the pullback finished? 

Bitcoin / US DollarEightcap

Description

Today's focus: BTCUSD

Pattern – failed high?
Support – 63,140
Resistance – 68,290

Hi, traders; thanks for tuning in for today's update. Today, we are looking at the BTCUSD daily.

After yesterday's fightback rally, we have run over a few ideas around BTCUSD. Will we see the current selloff continue despite a firm move from buyers yesterday? Will we see buyers shake off a push by sellers and follow up on yesterday's buying with further gains?

Good trading.
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