BTC vs the US dollar bounced at 3666.00 and continued its consolidation in a tight price range between 3743.40 resistance and 3688.70 support.
Keep a close watch at the current price action for its next break. The pair broke out at around the same price range on 28th of December 2018 and rallied to 4098.00 so we might see some action soon. BTC could break out either way. 3798.30 is my estimated breakout point to the upside and 3666.00 to the downside.
Keep a close watch at the current price action for its next break. The pair broke out at around the same price range on 28th of December 2018 and rallied to 4098.00 so we might see some action soon. BTC could break out either way. 3798.30 is my estimated breakout point to the upside and 3666.00 to the downside.
BTC prices struggle to reach the upper range of the consolidation channel and at 37433.40 and is more likely to continue to drift towards the downside.