BTC to GBP continues the rally that started in early September and now has reached two-week highs capitalizing the weakness in British pound amid the deadlock in Brexit negotiations
BTC to GBP
Bitcoin's failure at resistance levels has seen a brisk sell-off after a rally in the U.S. dollar. BTC and the rest of the cryptocurrency market saw a rally in July and August after weakness in the greenback intensified.
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The BTC to GBP rate has pulled back for a second week, but there is still potential for another advance towards the stubborn 10,000 level. The U.S. dollar pair is showing signs of finding support and this could be a catalyst for the coin to advance against other major currencies […]
BTC to GBP continues the consolidation around the 50-day moving average as the crypto pair correction from yearly highs stalled at 7,400 mark.
BTCGBP is up by over 6% in today's trading with the cryptocurrency also breaking key resistance levels to signal more upside potential.
Despite its recent uptick, BTC to GBP looks poised to trade lower with the possibility of falling all the way down to its March 30 lows at 4,732.00.
The BTC to GBP pair rose by more than 5% today, continuing an upward rally that started yesterday. The pair is up by 15% this month and up by 77% since it bottomed at $3310 in March.