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Fri, Sep 11, 2020 3:48 AM by CoinGape

Bitcoin Price Analysis: BTC/USD Hunting For Explosive Breakout, Is $11,200 The Rendezvous?

Bitcoin price recovers slightly from a setback to $10,250 support; more upside expected in the near term. If Bitcoin flips the 50 SMA into support; a symmetrical triangle breakout could propel it to $11,200. Bitcoin price continues to trade in consolidation between the support at $10,000 and the resistance at $10,400. Following the initial breakdown The post Bitcoin Price Analysis: BTC/USD Hunting For Explosive Breakout, Is $11,200 The Rendezvous? appeared first on Coingape.

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