| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The Bitcoin cryptocurrency has been moving sideways against the US Dollar since January 29. The pair was trading between the upper and lower boundaries of a horizontal channel.
As for the near future, it is likely that the BTC/USD currency pair continues its movement down. The potential target for the blockchain will be near a traditional weekly support level at 3370.1.
However, it is expected that the pair aims for a re-test of the 50-hour simple moving average at 3464.8 during the following trading session.