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            Token Analysis: Bitcoin (BTC)

            Get insights on Exclusive Technical Analysis Report -$BTC

            2 Sep 2024 | 1 min read

            Technical Chart:

            Analysis:

            • BTC has bounced from key range low support after a few days of choppy movement and now appears to be breaking out of consolidation. With a buildup of high-leveraged shorts on the upside, BTC may move higher to clear them. Additionally, RSI bullish divergence supports this bullish outlook, indicating potential upward momentum.
            • This Report is valid till 4th Sept 7:00pm.

            Note: BTC is now available in the futures market in both CoinDCX and CoinDCX Pro apps with up to 25x leverage.

             

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            Ritu Shah
            Ritu Shah

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            Crypto products & NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations.

            *Data sourced from Looker app as on 01st May,2023
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