BTC continued its rise, finished bouncing up and down between 10044 $ and 10374 $ (aprox.)
Broken the 10374 $ resistance and continued rising further
BTC broke earlier resistances (in Green), and could form a new resistance and support (Yellow)
As we can see (Purple - discussed yesterday, Red and potentially Yellow) Bitcoin likes to get between two lines, bounce around and kicking off to rise.
The rise was related to the strong market trend and high MACD, if on of them falls I would say BTC's price would be affected.
Broken the 10374 $ resistance and continued rising further
BTC broke earlier resistances (in Green), and could form a new resistance and support (Yellow)
As we can see (Purple - discussed yesterday, Red and potentially Yellow) Bitcoin likes to get between two lines, bounce around and kicking off to rise.
The rise was related to the strong market trend and high MACD, if on of them falls I would say BTC's price would be affected.
Comment:
The support (Low-Yellow Line) didn't fail us ! Let's see if BTC will keep bouncing around the two Yellow lines (Resistance and support)