BTCUSD Analysis: A Bearish Rally? [Video]
![BTCUSD Analysis: A Bearish Rally? [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Digital Currencies/Bitcoin/bitcoins-33646574_XtraLarge.jpg)
Text for Video: A lot of downside pressure in Bitcoin in early 2018, with the market taking out important support in the previous week and trading off more than 50% from the 2017 high set in December. We have seen seen some stabilisation in the price action, though right now, any bounces are looking corrective.
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.
Author

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

















