Author Topic: Bitcoin is heading for $ 7,400 after successfully defending support  (Read 5 times)

Offline administrator

  • Administrator
  • Newbie
  • *****
  • Posts: 27190
    • View Profile
The world's No. 1 electronic currency reached the support of the 50-day MA at $ 6,938 earlier today but was quickly pushed back into the $ 7,000 area, increasing the probability of the price going to adjust once again. .
The resilience of 50-day MA support, along with the reversal signs that are forming on the short-term price chart, opens the prospect for a Bitcoin boost towards the $ 7,400