| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
The Bitcoin cryptocurrency has been consolidating below the $40,000 level since the middle of May.
The world's largest crypto by market capitalization, declined by 10% during last week's trading sessions.
Technical indicators suggest selling signals on the 4H, daily and weekly time-frame charts. Most likely, sellers could continue to pressure the BTC/USD pair lower during the following trading sessions.
On the other hand, the Bitcoin versus the USDT could continue to trade within the $30,000/$40,000 range during next week's sessions.