The short-term downtrend in BTC is defined by a series of lower price highs since Nov. 10 as seen in the chart above. Recently, oversold signals appeared on the charts, which could encourage short-term buying from the $53,00 support level. A decisive break above $60,000 would reverse the short-term downtrend. www.coindesk.com
The short-term downtrend in BTC is defined by a series of lower price highs since Nov. 10 as seen in the chart above. Recently, oversold signals appeared on the charts, which could encourage short-term buying from the $53,00 support level. A decisive break above $60,000 would reverse the short-term downtrend.
www.coindesk.com