Crypto Potato
2020-05-14 10:53:57

BTC Price Analysis: Bitcoin’s Going Parabolic Since Halving, But Now Facing The Real Resistance Area

The Bitcoin halving event took place on May 11, three days ago. As expected, the halving day was volatile to both sides, but the bottom line was that Bitcoin maintained the crucial support zone around the $8K mark. The latter includes the significant 200-days moving average line (marked light green on the following daily chart), […]The post BTC Price Analysis: Bitcoin’s Going Parabolic Since Halving, But Now Facing The Real Resistance Area appeared first on CryptoPotato.

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