3 min readBITCOIN (BTC/USD): Bitcoin’s price remains within a range and is currently trading slightly above $96,000.
A closer look at the technicals reveals that price action is clearly trapped between this resistance zone and support zone. I’m particularly interested in observing how it trades, as we’ve recently dipped below the daily 50 EMA. This suggests that price may gravitate toward retesting the support area once again.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
