BTCMXN Regains Ground

BTCMXN CHART PRICE – BTCMXN DAILY

Bitcoin as many other cryptocurrencies have been very volatile in the last few weeks, we see that BTC has recovered some ground against the Mexican Peso in today’s trading session, currently trading for 260,147 we updated our Fibonacci retracement and set the new resistance at the highest point which is 271,755 we see that the price is getting closer to this level, regardless of the Relative Strength Index being overbought the pair seems to continue its uptrend.

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.