It looks like Bitcoin is not going to follow our yesterday forecast, as the leading crypto has set new maximum of 2019. The rise has made up around 5% over the last 24 hours.
On the hourly chart, Bitcoin has been located in the uptrend for more than 10 days without a serious correction. In this regard, one should expect a slight rollback to the nearest support at $9,400 as a short-term idea. The RSI indicator also supports such a scenario, locating in the oversold zone.
On the hourly chart, Bitcoin has been located in the uptrend for more than 10 days without a serious correction. In this regard, one should expect a slight rollback to the nearest support at $9,400 as a short-term idea. The RSI indicator also supports such a scenario, locating in the oversold zone.
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