Cryptocurrencies

    Bitcoin weathers turbulence and uncertainty in latest technical analysis

    Article Image

    Bitcoin has been trading in the range of $40,850 to $41,075, leaving investors to decipher several charts, oscillators, and moving averages for hints about the asset's next move.

    Oscillators indicate neutrality, while moving averages present a varied image, putting the popular crypto at a key intersection.

    On a 4-hour chart, bitcoin's direction illustrates a downtrend.

    Bitcoin sees the possibility of changing its overall trend based on the measurements and indicators experts are currently observing.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa