BTCUSD Analysis: Tower of Power? [Video]

LMAX Group Research Desk LMAX Group

Just one week ago, the crypto asset was recovering from a 30% decline over the weekend. And now, Bitcoin has run to yet another record high, this time through $8000. Still, as we have been warning in our analysis, the prospects for any meaningful and sustainable gains are slim, with the greater risk for another large reversal to the downside.

In this analysis, we take a look at Bitcoin each day, highlighting all of the need to knows for anyone looking to extract up to date information about major levels and relevant trends, both short term and longer-term. The analysis is designed for the trader, investor and even those simply holding the crypto asset, looking for an idea of where they may want to consider making that next conversion.

The cryptocurrency update is new each day and is presented with an added layer of animation, in an effort to make the analysis as engaging as possible, while also communicating the message with respect to key trends and levels in an easy to understand, seamless manner with great value add to all.

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LMAX Group Research Desk

LMAX Group

LMAX Group is a dynamic, visionary and award-winning financial technology company.

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