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CryptoSpaceMy
Jun 14, 2021 3:36 AM

BTC Daily Update 14 June 2021 

Bitcoin / U.S. dollarBitstamp

Description

Based on BTC daily chart, it had rallied to 39K and currently is staying above 38k recently.
Based on MACD indicator, it is indicating a bearish divergence which MACD is having lower high while BTC having higher low.
BTC still needs to break through 2 resistance to confirm it is bullish. First is 41K and the second is 42K and retest above it.
A rejection will bring BTC back down to around 35k support.
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