| 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 cryptocurrency bounced off the support level at 47356.0 during last week's trading sessions. As a result, the world's largest cryptocurrency by market cap surged by 21.36%.
All things being equal, buyers are likely to continue to drive the BTC/USD exchange rate higher during the following weeks. The potential target for bullish traders could be near the $70K mark.
However, a resistance level at 65600.0 could provide a barrier for bulls in the shorter term.