GREEN Bitcoin | Short-Term Bullish View ($9350/$9600 Possible)

12 lug 2020

Looking at Bitcoin (BTCUSD) Short-Term, 4H timeframe, a bullish jump is possible.

We have a higher low after the MA200 rejection and prices are now trading above EMA10/50/100.

The RSI remains above 50 and the MACD allows for this move even though it is mixed.


NOTE
Even though this short-term bullish move is possible, there are many mixed signals here and Bitcoin has been going sideways for a while.

We continue to see range trading; Bitcoin Sideways.

When Bitcoin goes sideways the Altcoins market continues to grow.

Namaste.