๐ Daily TA: Bitcoin (BTC/USD) | 21-06-2021
Hello, dear members of LeoFinance!
The pressure on the prices of the major cryptocurrencies continues. Right now, the price of Bitcoin is still above the 360-day Moving Average (MA 360):
At the moment, the MA 360 is at the level of approximately $29,344. I consider this level as the key support for Bitcoin.
To be continued ...
As of the time of writing, one Bitcoin costs $32,139.35 on the Bitstamp crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last almost 15 years, and as a cryptocurrency analyst for the last 4 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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