Bitcoin currency once again broke the resistance ahead. Of course, it was said that the resistance is not serious. But the resistance in the range of 60 to 62 thousand is very serious for Bitcoin. Because in the past it has not been able to cross the barrier of this resistance, and so far it has not stabilized above it.
Now a tough battle between cows and bears awaits the market. But absolute power is still in the hands of buyers. The price of Bitcoin reacted to the Bollinger Bonds indicator and the MACD indicator also diverged.
It is also possible to form an uptrend for Bitcoin, which could lead to a drop in prices. For this reason, if the short-term uptrend line is broken, Bitcoin, on the other hand, will start at the price of 40,000 strong trends and has not made a deep correction so far. It is possible to adjust the price downwards. The Bitcoin chart has not yet confirmed any downtrend.
Bitcoin broke the $ 58,000 resistance with great strength, and now has $ 57,000 and $ 58,000 support. Therefore, it cannot be said simply that the trend is going to decline. It seems that with this high power of the buyer, he can finally suffer in the same areas for a while, so that other Altcoins can grow well. Bitcoin falls in a 4-hour period when the 54,000 support is broken down.
In a period of 1 hour, the reaction to the price of 60,000 is quite clear. The candlestick pattern of the shooting star is forming. If closed in this way, it can have up to 58,000 short corrections.
Now a tough battle between cows and bears awaits the market. But absolute power is still in the hands of buyers. The price of Bitcoin reacted to the Bollinger Bonds indicator and the MACD indicator also diverged.
It is also possible to form an uptrend for Bitcoin, which could lead to a drop in prices. For this reason, if the short-term uptrend line is broken, Bitcoin, on the other hand, will start at the price of 40,000 strong trends and has not made a deep correction so far. It is possible to adjust the price downwards. The Bitcoin chart has not yet confirmed any downtrend.
Bitcoin broke the $ 58,000 resistance with great strength, and now has $ 57,000 and $ 58,000 support. Therefore, it cannot be said simply that the trend is going to decline. It seems that with this high power of the buyer, he can finally suffer in the same areas for a while, so that other Altcoins can grow well. Bitcoin falls in a 4-hour period when the 54,000 support is broken down.
In a period of 1 hour, the reaction to the price of 60,000 is quite clear. The candlestick pattern of the shooting star is forming. If closed in this way, it can have up to 58,000 short corrections.