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BTCUSDT 1D | Bitcoin price overview: On the eve of halving

BINANCE:BTCUSDT   Bitcoin / TetherUS
Good news for the bulls! On the eve of halving, the price of Bitcoin shows a strong rise. Today the price has broken through the resistance zone $7,800-$8,000, now it is about $8,300. The resistance zone will be considered overcome if the price does not fall below 8000 at the close of the day.The next resistance zone is at $8,600-$8,800.

In our previous review we considered the current scenario as a priority one.

The MACD indicator shows a strong upward movement. RSI has touched 70, above which is the overbought zone.

In general, the picture at the moment remains bullish , with the next resistance zone in sight. Perhaps, in the next couple of days we can see the growth slowdown and trade around $8,000-$8,300.

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Comments

I think price will touch 8500 and goes down with continue of the growth in next week
Reply
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