Bitcoin’s Short Term Momentum Flips Bearish; Support Under $65K

Bitcoin’s Short Term Momentum Flips Bearish; Support Under $65K

139
0
SHARE
This post was originally published on this site

Source: Coindesk.com

Technical indicators suggest that bitcoin’s short-term momentum has flipped bearish. The 50-day simple moving average marks major support at $64,870.

Technical indicators that gauge bitcoin's (BTC) price movement over the short term have flipped bearish, with crucial support positioned under $65,000.

The cryptocurrency’s 10-day momentum, which compares

Read More https://www.coindesk.com/markets/2024/05/31/bitcoins-short-term-momentum-flips-bearish-support-under-65k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin's Short Term Momentum Flips Bearish; Support Under $65K" appeared first here Coindesk.com.

Source: Coindesk.com

NO COMMENTS

LEAVE A REPLY