Bitcoin price descending channel and loss of momentum could turn $60K to resistance -Breaking
(*)© Reuters. [ad_1]
(BTCThe price () seems to be struggling to reach the $67,000 high it hit on Oct. 20. This is making investors question whether this bullish moment has passed. Even with the price facing these hurdles, it’s still premature to call the $58,000 support level test the beginning of a descending channel.Bitcoin Price in USD at Coinbase. TradingView
Anne Termine, a partner in the government enforcement and investigations practice at Bracewell LLP and former chief trial attorney at the Commodities Futures Trading Commission, said that “there are no easy answers” for the agency to provide clear rules. Base rate of Bitcoin 3-month Futures. Source: Laevitas
Fusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.
