BTC/USD 4H Chart: Preparing for long-term surge

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Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)SellSellNeutral
Stochastic(5;3;3)NeutralSellSell
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuyBuy
Aggregate

The Bitcoin cryptocurrency has appreciated about 23.74% in value against the US Dollar. The currency pair tested the $6400 mark during the Asian trading session on Friday.

Most likely, the BTC/USD exchange rate will continue its bullish momentum during the following trading sessions. The blockchain could aim for the $7000 mark during next week's sessions.

Furthermore, technical indicators demonstrate that the pair is prepared for a long-term surge.

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