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Analyst: a historically strong level of support survived. This opened the way to retest marks above $ 13,000

Strong support on the 3-day chart – moving average (MA) for 10 periods – once again withstood the onslaught of sellers. The price rebounded from this level and rapidly increased by almost $ 600. So, there is every reason to believe that this may signal in favor of continued growth, says Omkar Godbul, an analyst at CoinDesk Markets. He stressed that from February 9 […]

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Strong support on the 3-day chart – moving average (MA) for 10 periods – once again withstood the onslaught of sellers. The price rebounded from this level and rapidly increased by almost $ 600. So, there is every reason to believe that this may signal in favor of continued growth, says Omkar Godbul, an analyst at CoinDesk Markets .

CoinDesk Markets Information

He stressed that since February 9, the price of the first cryptocurrency was constantly repelled by this support, which is currently in the region of $ 11,170, and began to grow. Despite the fact that yesterday Bitcoin fell below $ 11,000 for a while, the quotes failed to consolidate below the moving average. In his opinion, the probability of retest marks above $ 13,000 remains.

On the daily chart, it can be seen that the previous day closed below $ 11,550, which indicates a depletion of customers, according to Godboul. Falling below the support level will open the way to the July 5 minimum at $ 10,769.

CoinDesk Markets Information

Nevertheless, it will be possible to talk about a change in trend only if the daily candle is closed below $ 9,614 (at least July 2), the analyst concluded.

It is noteworthy that the index of dominance of Bitcoin is growing not only with the price, but also against it.

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MicroStrategy Busca Contratar a un Ingeniero de Bitcoin Lightning para Crear una Plataforma SaaS

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MicroStrategy Busca Contratar a un Ingeniero de Bitcoin Lightning para Crear una Plataforma de Softwares

MicroStrategy, una empresa de software y análisis empresarial con sede en Estados Unidos, ha publicado recientemente una oferta de empleo para un desarrollador de software de Bitcoin Lightning. Esto indica un esfuerzo persistente para expandirse en el mercado emergente de los activos digitales.

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Binance Obtiene Finalmente la Aprobación Nueva Zelanda

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Binance Obtiene Finalmente la Aprobación Nueva Zelanda

Uno de los principales Exchanges de criptomonedas, Binance, ha sido aprobado por las autoridades para operar en Nueva Zelanda según el último informe. 

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¿Por qué Aumentaron los Jugadores Blockchain en Septiembre?

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¿Por qué Aumentaron los Jugadores Blockchain en Septiembre?

A pesar del miedo al mercado bajista y del peligro de que se produzcan más bajadas, se produjo un aumento del volumen de jugadores de blockchain en septiembre, según el informe analítico de DappRadar. 

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