Welcome to PipEze daily BTC report.
Good news from Visa company brought more buyers to the market, and the result was BTC broke $50000. As usual in such a situation, when financial asset reaches important price level we experience pullback. This kind of price drop, as we have seen yesterday at the end of the trading session, normally doesn’t last long. PipEze Price Movement Benchmark 1H chart seems to confirm our judgment as we are observing signal line crossing up trend line. Daily chart looks promising as well. Long-term signal line is just about to cross long-term trend line, which would be a significant entry point for those who like steady trading.
Well done everyone.
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