BTC/USD Over the weekend, buyers tried to restore the bitcoin price above the two-hour EMA55, but were unable to overcome the resistance of the average price level. By the end of the week, the pair rolled back below 50% fibo (42447.61 USD), and tonight the BTC price tested the Point Of Control indicator line (41647.05 USD). If the POC line does not hold the price in the short-term consolidation, the decline will continue to the psychological level of 40000.00 USD. If the bulls find support, then they will try to gain a foothold above the moving average EMA 55.
No comments yet