Bitcoin prices fell back this weekend, approaching $40,000 after climbing above $42,000. Where is the cryptocurrency headed next? Several market observers offer technical analysis.
“Technical analysis for Bitcoin continues to suggest the formation of an ascending triangle, which carries a bullish bias,” he stated.
“Significant downside volume support sits from $32,000 to $38,000, should the pattern fail,” he continued. “I would expect a breakout or breakdown if either of those support/resistance levels are broken,” said Sifling.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
10 deals you can't miss on Sunday: $175 AirPods Pro, $40 Ring Doorbell, Roborock vacuums, moreAmazon deals on Sunday include Apple AirPods Pro, Ring Video Doorbell, Apple Watch Series 7, Roborock robot vacuums, and more.
Read more »
‘Scarface’ Mansion In Montecito Lists For $40 MillionEl Fureidis, the Montecito mansion most notably featured as the home and symbol of extreme wealth for Al Pacino’s titular character in the film “Scarface,” is now on the market for $39,995,000.
Read more »
Gas prices sink slowly after hitting record highAccording to AAA, there is typically a seasonal uptick in demand for fuel, but demand has dipped this year.
Read more »
5 strategies that helped ‘The Blind Side’ star drop more than 100 pandemic pounds“Everything tasted the same, and it was disgusting,” he said. “I was trying everything, and chocolate was the only thing that had a decent taste.”
Read more »
Average gas prices fall for the first time in 12 weeks, GasBuddy saysThe average price in the Harrisburg area dropped 11 cents in one week.
Read more »
Ukraine’s largest savings bank halts Bitcoin buys with hryvnia — ReportOn Wednesday, Ukrainian president Volodymyr Zelenskyy signed a law to establish a legal framework for the country to operate a regulated crypto market.
Read more »