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Moshin_GW
Jun 11, 2021 1:00 PM

Can we break through the $BTC/USD downtrend line? 

Bitcoin / U.S. dollarBitstamp

Description

Recently BTC has become legal currency in El Salvador.

However, the impact on BTC prices is limited. It hasn't led to a big rise.

BTC has broken above all moving averages in 4 hours
The most recent resistance level is only the devaluation line. 20MA is also pointing upwards, and when forming a golden cross, it is more likely to rise further.
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