Bitcoin Recovers Above $40K Support – Quick Technical Outlook – Forex News by FX Leaders

Bitcoin has continued to fall below the $39,000 level against the US dollar, BTC found support near $38,550 and began a strong recovery wave. On the hourly timeframe of the BTC/USD pair, there was a break above a major bearish trend line with resistance near $40,220. Bitcoin is currently trading above $40,000 and above the […]

Bitcoin Slides to $39K Support – What’s Next? – Forex News by FX Leaders

Following a late surge above the critical resistance level of $41,500, Bitcoin fell to an intraday low of $39,714.69 on Monday. Bitcoin, the world’s most valuable digital asset, has dropped about $10,000 from a two-week high of $48,220, its highest level in more than four months. During a news conference, Russian President Vladimir Putin stated […]