Bitcoin and other cryptocurrencies slipped Monday amid a risk-off move in wider markets, but digital assets remained above key levels with analysts bullish that a recent uptrend can continue.
“Technically, Bitcoin remains in an uptrend but ran into resistance at its 200-day moving average over the weekend,” said Alex Kuptsikevich, an analyst at broker FxPro. “All eyes will be on Bitcoin to see if it can successfully consolidate above $28,000, the 200-day moving average. If it does, we can expect a quick rise to $29,000 to $29,300.”
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Utoday_en - 🏆 295. / 63 Read more »