Bitcoin (BTC) Attempts to Reclaim Crucial $44,000 Level
After increasing considerably since Sept 21, Bitcoin (BTC) is in the process of reclaiming the $44,000 horizontal area.Sponsored Sponsored BTC is trading inside the upper portion of a descending parallel channel, from which a breakout is likely. However, it’s also facing short-term resistance. BTC attempts to reclaim support On Sept 22, BTC created a bullish engulfing candlestick after bouncing at the 0.5 Fib retracement support level at $40,800.Sponsored Sponsored It resumed its ascent the next day and has moved above the $44,000 area. The area previously acted as support and