BTCUSD Moves Sideways

BTCUSD CHART PRICE – BTCUSD DAILY

After starting a small uptrend during previous days Bitcoin lost some ground in just a few days that it has managed to recover during the previous session, now we see that it started losing a small amount, current lose is 0.17%, but the bollinger bands are very narrow, the relative strength index is at 49%, at this point the price could go anywhere, but we expect it to move sideways for a bit longer, once it settles we would make a prediction, keep an eye on the crypto.

This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.