Bitcoin Testing Key 5400 Level in Asian Trade - Forex News by FX Leaders
Bitcoin is Back

Bitcoin Testing Key 5400 Level in Asian Trade

Posted Tuesday, April 23, 2019 by
Rowan Crosby • 1 min read

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.

BTC
BTC – 240min.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies

About the author

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.
Related Articles
Comments
0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments