Forex Currency (ZB) Market Research Report: Initial resistance at the current price of Bitcoin is $ 35,795.62.
Previously, according to market research by ZB, the price of Bitcoin formed a featured market pattern on the evening of January 16, which became an impact on Bitcoin prices. Bitcoin's trading session was down yesterday, but the bull market maintained key support as the short term weakens. Technically, the bearish breakout breaks the 9-day moving average, which is the dynamic resistance of the day. The RSI price is in the oversold zone and may support more selling arguments in the coming days. Bollinger Middle Zone, trade may regain measurement of value at $ 37,802.85. The key against the bulls facing the next few days is $ 35,795.62. If the bulls do not break and reassess their demand, the downtrend will continue to control the price of Bitcoin and push the price to US $ 30,677.21. . The report was also written as part of a one-day review of the LTC and ADA. Please refer to China Currency (ZB) Research Data for details.
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