Powered by

Artificial Intelligence

Bitcoin Momentum Improves; Faces Resistance at $34K

Bitcoin (BTC) is holding onto features after a robust return above $30,000 on Wednesday. The cryptocurrency is beginning to stall round $32,400 at press time and is up about 2% over the previous week.

Quick-term momentum is enhancing, albeit inside an intermediate-term downtrend that started in April. Preliminary resistance is seen on the 50-day shifting common close to $34,000.

Source: CoinDesk

Tags

Share this post:

Leave a Reply

Your email address will not be published. Required fields are marked *

Stay Connected
Category

To stay on top of the ever-changing world of cryptocurrency, subscribe now to our newsletters.

Subscribe To Our Weekly Newsletter

Get notified for our latest news
We’ll never spam your inbox

At Upshot Firm, we can help your business automate using latest technologies, like New Website Development, Applications (Apps) Creation, Blockchain Integration, Artificial Intelligence (AI) process managment. We also have experience in Smart Marketing and have access to influencer.