Bitcoin Testing Key 5400 Level in Asian Trade
Just a quick note for those back at their desks today, that Bitcoin is trading strongly during the Asian session and is looking at testing t
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Last updated: Tuesday, April 23, 2019
Just a quick note for those back at their desks today, that BTC is trading strongly during the Asian session and is looking at testing the key $5,400 level.
Price has been trapped in a range between $5,000-$5,400, with the latter providing plenty of resistance.
A strong break here on volume would be extremely bullish and this will be one to watch as the day develops as this could be a potential breakout trade.
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ABOUT THE AUTHOR
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Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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