Markets· ★★· neutral·

Bitfinex: Bitcoin slips below daily Keltner channel midline

  • —BTC held the upper half of the daily Keltner channel since mid-September
  • —Price broke below the flattening midline about two weeks ago
  • —A move back into the upper half with the midline turning up would signal returning momentum
Why it matters: The technical read from Bitfinex matters for traders: staying below the midline points to weakness, while reclaiming it could draw buyers back in.
#BTC
Source: ChainCatcher 链捕手
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