Bitcoin’s Price Has Some Technical Challenges to Overcome By CoinEdition

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© Reuters. Bitcoin’s Price Has Some Technical Challenges to Overcome
  • The price of BTC has hardly moved over the last 24 hours.
  • BTC’s price has retraced slightly after reaching a daily high of $16,961.79.
  • Technical indicators suggest that BTC’s price will fall in the next 24 hours.

The price of the crypto market leader, (BTC), has risen by a small margin over the last 24 hours, according to CoinMarketCap. At press time, BTC is changing hands at $16,954.31, This is a 0.01% increase in BTC’s price over the last 24 hours. BTC has also strengthened against (ETH) by 0.25% during the same time period.

After setting a daily high at $16,961.79, BTC’s price has retraced slightly over the last 24 hours. Despite the retracement, BTC price is still trading near its 24-hour high. The crypto’s daily low sits at $16,914.19.

The post Bitcoin’s Price Has Some Technical Challenges to Overcome appeared first on Coin Edition.

See original on CoinEdition

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© Reuters. Bitcoin’s Price Has Some Technical Challenges to Overcome
  • The price of BTC has hardly moved over the last 24 hours.
  • BTC’s price has retraced slightly after reaching a daily high of $16,961.79.
  • Technical indicators suggest that BTC’s price will fall in the next 24 hours.

The price of the crypto market leader, (BTC), has risen by a small margin over the last 24 hours, according to CoinMarketCap. At press time, BTC is changing hands at $16,954.31, This is a 0.01% increase in BTC’s price over the last 24 hours. BTC has also strengthened against (ETH) by 0.25% during the same time period.

After setting a daily high at $16,961.79, BTC’s price has retraced slightly over the last 24 hours. Despite the retracement, BTC price is still trading near its 24-hour high. The crypto’s daily low sits at $16,914.19.

The post Bitcoin’s Price Has Some Technical Challenges to Overcome appeared first on Coin Edition.

See original on CoinEdition

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