Tag: Inside Bitcoins

Today, BTC/USD has retraced to the low of $60,755 as Bitcoin trades marginally . If Bitcoin continues its downward move and prices break the previous low of $58,500, the downtrend will resume. Some Indian lawmakers have come to an agreement that this approach would serve as an alternative to an outright ban on digital currencies […]

Therefore, since the price is above the 9-day and 21-day moving averages, it indicates that a break above the channel may likely come to play. According to the daily chart, if the Bitcoin price keeps hovering near the upper boundary of the channel, traders can expect a cross above the upper boundary of the channel. […]