CoinGape
2020-11-16 01:56:40

Bitcoin price bounces from key support, run-up to $16,500 in the offing?

Bitcoin price is pivotal at $16,000 after reversing from the 50 SMA support. BTC/USD bullish cycle to $20,000 requires Bitcoin to climb above $16,500 and $17,000 as FOMO will support the remaining part of the journey. Bitcoin has reclaimed the position above $16,000 after a supporting seeking weekend. The bellwether cryptocurrency hit new yearly highs The post Bitcoin price bounces from key support, run-up to $16,500 in the offing? appeared first on Coingape.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer