Bitcoin keeping tight in the trend line

in crypto •  6 years ago 

Since last year Bitcoin price have been moving upwards slowly, except the parabolic rise to $20000 due to much hype.

Bitcoin is back in track and moving steady up and down between support and resistance. Current scenario shows a calm before storm towards $12000 in June/July.

This can be seen as RSI is about to get oversold and the bottom will be face with an upward price moving towards $12k. MACD is likely to complete its cycle by end of next week. Although , a fall to $7900 is likely in this week

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6 years ago by

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