One trader asserts that the picture is “undoubtedly bullish” for the BTC price, despite the fact that Bitcoin is back in a familiar range following the snap volatility. Bitcoin aficionados had hoped that the previous day’s new yearly highs would enable BTC/USD to break out of its months-long trading range for good, but they were ultimately dissatisfied. The largest cryptocurrency was rejected at $31,500, falling just hours later below $30,000 to challenge the range’s lower end. Bitcoin – 4h RSI signals near-term risk-off mode Looking forward, dealers consequently returned to risk-off mode temporarily. Jelle, a well-known trader, noted that relative
The post In The Wake Of $30k Bitcoin Buyers, The Bitcoin Price Remains ‘Undoubtedly Bullish’ appeared first on Cryptoknowmics-Crypto News and Media Platform.
Click Here to Read the Full Original Article at Cryptoknowmics-Crypto News and Media Platform…
