Bitcoin was trading near the 50-day moving average on Thursday and could see a breakout as fears over a No Deal Brexit still threatens the pound. Negotiations were said to be going well early in the week, but markets are now hearing that the two parties are not close to […]
BTC to GBP
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
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.