Published by FNet Club on 05/05/202005/05/2020
Bitcoin bulls are taking advantage of the rising interest of the block reward halving next week to stage...
Bitcoin staged a strong rally as it popped up to a high of $9,500 before showing signs of a pullback. Applying the Fibonacci retracement tool shows where buyers might be waiting. The 61.8% retracement level lines up with the rising trend line connecting the lows since mid-March. This is also in line with a short-term […]
Bitcoin recently broke to the upside of a short-term range, signaling a continuation of the uptrend. However, momentum has yet to pick up and bulls seem hesitant for now. The 100 SMA is above the 200 SMA to indicate that the path of least resistance is to the upside or that the climb is more […]
