BITCOIN (BTC/USD):
As mentioned earlier, the price has been fluctuating within this range for the past few weeks, and it continues to move in and around this zone. I’ll be closely monitoring the price action to see how it reacts!
A closer look at the technicals clearly shows that the price is still holding up. If we were to move lower, I’d be keen to see how the price reacts at this lower support level, just below the 50% mark on the Fibonacci tool.