Bitcoin on the Defensive But May See Bounce at Key Price Support

bitman007

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Hello Friends, lets learn more about crypto currency price movement and depth analysis from market leaders and analyst what i shared in my post in my daily crypto blog, in this blog you will know why Bitcoin on the Defensive But May See Bounce at Key Price Support

As we know Bitcoin is looking south, as per the bearish divergence of the 14-day relative strength index and other short-term technical indicators. A deeper pullback to levels below $5,000, however, would remain elusive if the 30-day moving average (MA), currently at $5,107 holds ground. That average repeatedly limited losses in March.

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