1. Home
  2. Bitcoin
  3. Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K
Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and K
Bitcoin
Bitcoin Analysis
BTC
BTC price
Coin Telegraph
News
why is bitcoin rallying today
0

Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K

0
Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and K
now viewing

Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K

Bitdeer Completes Testing of SEAL02 Bitcoin Mining Chip
now playing

Bitdeer Completes Testing of SEAL02 Bitcoin Mining Chip

Tornado Cash dev's bid to dismiss charges falls out, NY judge sets trial on December
now playing

Tornado Cash dev's bid to dismiss charges falls out, NY judge sets trial on December

Cardano's Hottest Altcoins! (30X ACT FAST)
now playing

Cardano's Hottest Altcoins! (30X ACT FAST)

Trader Says Bitcoin Set To Rip Past Six-Figures After US Election – Here’s His Price Path
now playing

Trader Says Bitcoin Set To Rip Past Six-Figures After US Election – Here’s His Price Path

Tornado Cash dev's bid to dismiss charges falls out, NY judge sets trial on December
now playing

TRON DAO unites with global community at TOKEN2049 Singapore

Rolling the Dice on the Future: PandaCasino Leads the Charge in Crypto Gaming
now playing

Rolling the Dice on the Future: PandaCasino Leads the Charge in Crypto Gaming

Spot Bitcoin ETFs Add 5M as Ether ETFs Pull in M on Busy Trading Day
now playing

Spot Bitcoin ETFs Add $105M as Ether ETFs Pull in $43M on Busy Trading Day

Wrapped Bitcoin supplied on Aave hits record high despite backing fears 
now playing

Wrapped Bitcoin supplied on Aave hits record high despite backing fears 

DeFi Altcoin and Ethereum (ETH) Layer-2 Blockchain Both on the Rise After Coinbase Listing
now playing

DeFi Altcoin and Ethereum (ETH) Layer-2 Blockchain Both on the Rise After Coinbase Listing

Binance Launches Pre-Market Trading System Allowing Users to Trade Altcoins Before Spot Listing
now playing

Binance Launches Pre-Market Trading System Allowing Users to Trade Altcoins Before Spot Listing

Source: Coin Telegraph

Bitcoin’s strong rally puts it in a “good position” where the 200-MA and $65,000 level could potentially serve as a new level of support.

Bitcoin (BTC) price rallied to $65,851 on Sept. 26 as markets responded to global macroeconomic events, placing BTC in a ‘good position,’ according to traders.

BTC/USD daily chart. Source: TradingView

The strong reversal in Bitcoin’s price direction has many traders wondering what to expect next from BTC going forward.

Read more

Go to Source
Author: Nancy Lubale

Related posts:

  1. Bitcoin price in classic ‘Bull Pennant’ breakout as BTC whales go on buying spree
  2. Bitcoin ‘death cross’ that pushed BTC price to $28.8K reappears
  3. Bitcoin crash ahead? Expert warns higher inflation could whip BTC price to $30K
  4. Bitcoin rally above short-term holder metric has traders calling for new BTC price highs
Coin Telegraph
Related Posts
Bitdeer Completes Testing of SEAL02 Bitcoin Mining Chip

Bitdeer Completes Testing of SEAL02 Bitcoin Mining Chip

Bitcoin.com 0
Tornado Cash dev's bid to dismiss charges falls out, NY judge sets trial on December

Tornado Cash dev’s bid to dismiss charges falls out, NY judge sets trial on December

The Crypto Briefing 0
Trader Says Bitcoin Set To Rip Past Six-Figures After US Election – Here’s His Price Path

Trader Says Bitcoin Set To Rip Past Six-Figures After US Election – Here’s His Price Path

The Daily Hodl 0
WordPress Theme by cactus.com
Close

Share this video