Bitcoin (BTC/USD) Analysis
Bitcoin regains after massive sell-off
Key Highlights
BTC regained above $40,000 after a massive sell-off. The pair was one of the worst performers this month and lost more than $10,000 following in the footsteps of U.S. stock markets.
Technical Analysis
Intraday trend – Bearish
On the daily chart, the pair is trading below Tenken-Sen ($40,998), Kijun-sen ($43,390), and Ichimoku Kumo cloud ($41,363). Bitcoin hit an intraday high of $41,250 and is currently trading around…
Source link
