BTCUSD remains in red for the third straight day and pressures again key supports at 111370 (100DMA / 50% retracement of 98182/124558) and 110722 (daily Ichimoku cloud base) after fully retracing Friday’s post-Powell rally and dipping to the lowest since July 9. Bitcoin rallied over 4% on Friday, inflated by unexpected Powell’s dovish shift (the […]
The post BTCUSD: Bears Regain Full Control But Continue to Face Headwinds at Key Support Zone appeared first on Action Forex.
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