BTCUSD bounced off our first support at 3870 (horizontal swing low support, 38.2% Fibonacci retracement) where a further rise might occur pushing price up to our major resistance at 4302 (horizontal swing high resistance, 61.8% fibonacci extension).
RSI (89) bounced off support where we might see a further rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
RSI (89) bounced off support where we might see a further rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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