| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
The Bitcoin cryptocurrency has surged by 38.71% against the US Dollar since February 8. The world's biggest digital currency hit a new high at the $52,000 level during yesterday's trading sessions.
All things being equal, the price of the cryptocurrency is likely to continue to edge higher during the following trading sessions. The potential target for bullish traders would be near the $60,000 mark.
However, the upper line of an ascending channel pattern could provide resistance for the BTC/USD cryptocurrency pair during the following trading sessions.