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CatalystsFinance
Jul 9, 2020 8:43 AM

BTCUSDT 1D | Bitcoin market overview: $9,300 - $9,600 

Bitcoin / TetherUSBinance

Description

Hello, dear subscribers!

In the previous review of the bitcoin market we considered the possibility of price going from the descending channel to the zone $9,300-$9,600. That's what happened.

At the moment the price of bitcoin is $9,390. On the 4-hour chart at the moment the price is in upward movement with the targets $9,560-$9,600 and $9,800.

Technical indicators MACD and RSI confirm bullish sentiments. In the current situation it is possible to continue the upward movement to $9,600, but for a more extended bullish attack it is necessary to consolidate above the price of $9,600.

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