BITTREX:BTCUSDT   Bitcoin / Tether
Bitcoin made a quick bounce from 6K dollars. We are now close to face 1st resistance. Overall Bitcoin seems bullish . Why? We have an oversold RSI in 1 day chart, MACD is also showing a small curve trying to converge/cross up. But, remember that we are still in a downtrend and Bitcoin might also fall more besides the bullish movement right now.
Observation : Red lines are strong resistances areas that Bitcoin might suffer high turbulence.


About the fundamentals :

Bunch of DID was spread in past weeks, but good news just are starting to spread as SEC show bullish regulations and Hedge funds start to go bullish in Bitcoin .



Conclusion :

Bitcoin is neutral right now, but I hope this analyse help you to track and understand what is happening
Comment: Bitcoin made a quick bounce from 6K dollars. We are now close to face 1st resistance. Overall in TA Bitcoin seems bullish . Why? We have an oversold RSI in 1 day chart, MACD is also showing a small curve trying to converge/cross up. But, remember that we are still in a downtrend and Bitcoin might also fall more besides the bullish movement right now. 
Observation : Red lines are strong resistances areas that Bitcoin 0.22%might suffer high turbulence. 


About the fundamentals : 

Bunch of FUD was spread in past weeks, but good news just are starting to spread as SEC show bullish regulations and Hedge funds started to go bullish in Bitcoin .



Conclusion : 

Bitcoin is neutral right now considering TA+FA, but I hope this analyse help you to track and understand what is happening.
Agreed! Thanks for sharing your opinion!
Trade safe and have a nice day!
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out