Bitcoin (BTC) Poised For A Retest Of $5,800 Support In September

2018-8-28 17:00

Bitcoin (BTC) seems to have made a recovery the last few days but since the beginning of this month, it has been trading in a big rising wedge that extends all the way to Bitcoin (BTC)’s downtrend resistance.

The above daily chart for BTC/USD shows that the price has room to rally till $7,500 as mentioned in one of our previous analyses but any positive momentum at this stage will most likely be short lived as Bitcoin (BTC) risks falling back to the $5,800 support once it break out of the rising wedge.

Continue reading Bitcoin (BTC) Poised For A Retest Of $5,800 Support In September at Crypto Daily™.

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Bitcoin (BTC) на Currencies.ru

$ 94074.96 (-0.39%)
Объем 24H $47.533b
Изменеия 24h: 3.48 %, 7d: 0.91 %
Cегодня L: $94058.66 - H: $94493.27
Капитализация $1879.194b Rank 1
Цена в час новости $ 6867.65 (1269.83%)

btc bitcoin support daily poised rising retest

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