Bitcoin price inched higher in latest intraday trading after the important support of $81,200 held on, lending the price some positive momentum which helped it recoup some recent losses, while trying to vent off oversold saturation in the Stochastic.
It comes amid the dominance of the main downward trend in the short term as the price trades alongside the trend line, with ongoing negative pressure due to trading below the 50-candle SMA.
To get our more detailed analysis and 100% accurate signals provided by Best Trading Signal, subscribe to Economies.com VIP Club through the link below!