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Bitcoin eyes new record high
Bitcoin
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Bitcoin eyes new record high
By OmiFX8
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Mar 9, 2021
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Mar 9, 2021
Bitcoin has managed to establish a foot hold above 50K despite the DXY strength and not-so-steady stock markets.
The cryptpucurrency's quick recovery from below the 5-week SMA, validates the bullish bias signaled by that ascending technical line.
As such, a move to fresh record highs above
59K
looks likely.
Bitcoin (Cryptocurrency)
Chart Patterns
markets
Trend Analysis
OmiFX8
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