Bitcoin price action is very much muted on Monday, sticky within a strong touted demand zone. BTC/USD has been struggling to make any form of committed direction, between $6100-6500. Given current price behaviour it would suggest that a potential breakout is imminent. BTC/USD 30-minute chart Spot rate: 6427.7 Relative change: -0.20% […]
The post Bitcoin Technical Analysis: BTC/USD price action is stagnant, as it remains stuck within a demand zone, with bears continuing an attempted breakdown appeared first on Forex Crunch.