BTC/USD 4H Chart: Buying signals

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

The Bitcoin cryptocurrency has surged by 6.49% against the US Dollar since the past two weeks. The currency pair tested the $9600 mark during yesterday's trading session.

Technical indicators flash buying signals on all time-frame charts. Most likely, bulls will continue to pressure the exchange rate higher during next week trading sessions.

However, the BTC/USD exchange rate is expected to make a brief pullback towards the $9300 mark in the shorter term.

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