Analyst says reclaiming $37,500 is Bitcoin’s crucial ‘line in the sand’

Analyst says reclaiming $37,500 is Bitcoin’s crucial ‘line in the sand’

Bitcoin (BTC) price continues to limp lower as traders in the U.S. hit the BBQ to enjoy the upcoming Memorial Day holiday on May 31 and regulated futures and options markets like the CME are closed through the weekend.

Data from Cointelegraph Markets Pro and TradingView shows that after a brief attempt by Bitcoin (BTC) bulls to rally above $37,000 in the early morning hours on May 29, the price has tumbled below $34,000 as the support needed for a move higher failed to manifest. 

About دکتر حشمدار

پرفسور حشمدار دارای دانشنامه دکترای سازه در زمینه طراحی سازه های سه بعدی و دانشنامه دکترای کامپیوتر در زمینه الگوهای ژنتیکی ، مولف ده ها کتاب و مدال طلای بهترین پژوهشگر جهان در زمینه سازه در سال 2011 می باشد. Computers and Structures, Inc. CALL: +13473940002 Dr. Hashamdar

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