BTCUSD Analysis: How Overextended? [Video]

LMAX Group Research Desk LMAX Group

With each passing day, the Bitcoin uptrend extends to fresh record highs as the market moves at a dramatic pace, resulting in some of the most violently overbought readings possible. Look no further than the monthly RSI on this chart, which currently sits just over a jaw dropping 95 print.

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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