Home Crypto Currency Analysis Bitcoin Analysis Bitcoin rally is slowing down

Bitcoin rally is slowing down

Bitcoin rally started last week is slowing down now, the reason behind this could be trying to re-test 100% expansion area again around $7500.

So what is the best trade to Bitcoin trading:

  • Wait for a clear break above the previous peak at $8420 to enter long again.
  • Buy again from $7500 if reached.
  • Risky buy position from $7800 or $8200

Bitcoin rally is slowing down


Ahmad Alsheikh Ali
Ahmad Alsheikh Ali
BorseClub Founder, Trading and Development Manger

Latest Analysis

Texas Oil Analysis Today 14-01-2020

Texas Oil Analysis Today 14-01-2020: Oil has been falling since last week. The path was around $ 58 a barrel open as a retest...
Bitcoin 1

Bitcoin analysis 05-01-2020

Special Reports

The Best European Cities for Investment In 2020

Real estate in major European cities has had a wild ride in 2019. Brexit was, in theory, going to be taking place toward the...