Bitcoin and Litecoin Staying Resilient
shared by livebitcoinnews on Nov 15
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Bitcoin started the week with a bearish breakout, falling below last week’s low of 470, and thus opening up a bearish outlook toward the August-low of 442. However, price held above 456.30. After a ...
coupe of bullish swings bitcoin eventually broke above a falling trendline and all of the 200-, 100-, and 50-hour simple moving averages (SMAs). The 1H RSI has also climbed above 60, showing loss of bearish momentum. The market is poised to test the next resistance factor.
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