BTCUSDT 4H | Bitcoin market overview: Will the bulls get $9,700?
Hello, dear subscribers!
The current price of Bitcoin is $9,690. We are located at the upper limit of Flat $9,300 - $9,600. On the 4-hour chart the price of Bitcoin is in an upward trend since July 21 and the price - $9,250. MACD and RSI indicators show overheating and weakening of the uptrend. Last week the bulls have an advantage over the bears, but the price in the range of $9,600-$9,700 may force the bears to attack in order to repel the upper bound of the flat zone. The current support for an uptrend is the price between $9,250 and $9,300, which will be the bears' main target in case of an attack. In the next 24 hours, we will see if the bulls will be able to hold on above $9,700 or if the bears will go into attack and will be able to regain parity with the bulls.
Subscribe to the channel and stay with us!
The current price of Bitcoin is $9,690. We are located at the upper limit of Flat $9,300 - $9,600. On the 4-hour chart the price of Bitcoin is in an upward trend since July 21 and the price - $9,250. MACD and RSI indicators show overheating and weakening of the uptrend. Last week the bulls have an advantage over the bears, but the price in the range of $9,600-$9,700 may force the bears to attack in order to repel the upper bound of the flat zone. The current support for an uptrend is the price between $9,250 and $9,300, which will be the bears' main target in case of an attack. In the next 24 hours, we will see if the bulls will be able to hold on above $9,700 or if the bears will go into attack and will be able to regain parity with the bulls.
Subscribe to the channel and stay with us!
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.