BTCUSD Extends Sideways Move But Downside Risks Linger

BTCUSD has been trading within a tight range during the past week, with the decline in volatility probably hinting that traders are scrutinizing the current market conditions to decide the future price direction. Nevertheless, the short-term oscillators indicate a bearish near-term bias. Specifically, the RSI is dipping near the oversold zone, while the MACD histogram […]

The post BTCUSD Extends Sideways Move But Downside Risks Linger appeared first on Action Forex.