Bitcoin price escalates, surging high, chances for pull down?
In the early hours, the price fell off from the bullish trend, and moved toward $3700, failing to keep up the momentum. No sooner did it plunge to $37200, the price took a curve to surge from this point. Sticking to the current motion, Bitcoin might move up to $4000 and set a new high for the day, shortly. Failing to move further, the price may dip again near $3700.
A selling pressure as strengthening, however currently the MACD is to intersect and RSI is seen dropping to 54. So the second possibility of price dip is in handa for BTC.
A selling pressure as strengthening, however currently the MACD is to intersect and RSI is seen dropping to 54. So the second possibility of price dip is in handa for BTC.
Support level seen at $38701