BTCUSD managed to return back above the ascending trend line and stick above the crossover of 200- and 50- period SMA. The next target for buyers will lie at 29 200. After that, the psychological level of 30 000 will be the next important resistance. From those levels, we may expect a reversal back to the trendline.
Good luck!
In today's market insights, we delve into Citibank's oil price predictions, the evolving competition between Huawei and Apple, the Saudi Arabia-Tesla partnership, and the upcoming rate decisions from the world's major central banks.
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