10 days ago • Posted by Ajmir Omid

#Bitcoin broke below March support line #btc #crypto #technicals #trading

Bitcoin broke below USD37'600 Februaruy-March support line after a failed rally. The digital gold fell more than 8% yesterday in a broad risk-off environment. Despite the considerable drop, RSI is still in an upward trend, giving hope for the possibility of reclamation above the 37'600 level, if this fails, the next closest support area is near the 34'600 level.