CryptoComes

Bitcoin - Trading sideways soon

BITSTAMP:BTCUSD   Bitcoin
Currently, Bitcoin is not following our earlier scenario, as the quotes are located above $11,000. While trading above $10,000 the main cryptocurrency has not faced a correction, suggesting a possible rollback soon.

On the daily chart, one can expect a sideways trend and fixing above $10,000. Such a movement confirmed by the trading volume which is in stagnation now. What is more, the RSI indicator is overbought, rejecting any movement higher $12,000 without a rollback.

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