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Bitcoin’s Price Looks Shaky at $76K, but the Trend Says Otherwise

News.Bitcoin.com
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Bitcoin’s Price Looks Shaky at $76K, but the Trend Says Otherwise

Bitcoin’s price is sitting between $76,400 to $76,700 per unit on Sunday morning, which sounds pretty uneventful until you look under the hood. Short-term momentum has gone sour, BTC has been turned away twice from roughly $82,300-$82,800, and several averages immediately overhead are now working against it. Yet zoom out far enough and almost the […]

Key Takeaways

  1. Bitcoin’s price is sitting between $76,400 to $76,700 per unit on Sunday morning, which sounds pretty uneventful until you look under the hood.
  2. Short-term momentum has gone sour, BTC has been turned away twice from roughly $82,300-$82,800, and several averages immediately overhead are now working against it.
  3. Yet zoom out far enough and almost the […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.