Another Bitcoin Prediction

resistance is located in the aforementioned 50-EMA, located now at $8540, followed above there by the 100-SMA at $9685. Price resistance is at $9550 and the last one, the most important one, is the 200-SMA at $9892.
MACD in the Bitcoin 4-hour chart is moving around the neutral line, showing a certain pause in the rebound from lows from last Sunday. BTC price will likely move around the current area for several periods.
Directional Movement Index is giving a certain edge to the buyers, but with a lose of steam from lows, that would confirm a possible pause in the movement. Sellers have increased slightly. ADX is showing very flat, but well above the 20 mark that indicates the strength in the trend.
My Prediction is clearly mentioned, I am positive for bitcoin and have predicted the days and level to be achieved.
The trend lines are clearly mentioned, suggesting the move of the bitcoin. Obviously a lot is dependent on the G20 summit meet and the recognition with it. Tiil the time it is above my mentioned green line, nothing can beat my prediction.
Good Luck and stay positive!!
Bitcoin (Cryptocurrency)Chart PatternspredictionTrend Analysis

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