| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇘ | ⇒ |
The Bitcoin plummeted by 24.67% against the US Dollar during last week's trading sessions. The world's biggest cryptocurrency by market cap found support at the 47,000.0 level on April 27.
The blockchain bounced off the support line at the $47,000.0 mark during this week's trading sessions. Most likely, buyers are likely to pressure the BTC/USD exchange rate higher during the following weeks.
The potential target for bullish traders could be near the $75k level.
However, bulls might encounter resistance near the 64078.1 area in the nearest future.