BTCUSD Analysis: Recovery Not Convincing [Video]
![BTCUSD Analysis: Recovery Not Convincing [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Digital Currencies/Bitcoin/bitcoins-37949586_XtraLarge.jpg)
Bitcoin is getting ready to close out a wild week, which had the cryptoasset trading more than 50% off its record high from December. A recovery off the weekly low has many getting ready for the next big push, though at this stage, it's going to take a lot more, to alleviate the immediate downside pressure.
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.

















