BTCUSD (Bitcoin) has been in a downtrend after the price failed to surpass the 25,200 region in mid-August. Although the king of cryptocurrencies has been trading within a tight range in the past month, it broke its sideways pattern to the upside and crossed above its 50-day simple moving average (SMA). The momentum indicators suggest […]
The post BTCUSD Jumps Above 50-day SMA But Advance Losses Steam appeared first on Action Forex.
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