| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
The Bitcoin cryptocurrency has surged by 41.36% against the US Dollar since the beginning of February. The BTC/USD cryptocurrency pair hit the $48,000 mark on February 9.
Technical indicators suggest that the exchange rate is likely to continue to trend bullish. Buyers might target the $55,000 level during the following trading sessions.
However, the cryptocurrency exchange rate could make a brief pullback towards the 40,000 level this week.