| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ` |
The Bitcoin cryptocurrency has surged by 24.94% against the US Dollar during the past two weeks. The world's biggest cryptocurrency breached the $62000 mark on March 12.
Technical indicators flash buying signals on the 4H, daily and weekly time-frame charts. Most likely, the exchange rate could continue to edge higher during the following trading sessions.
However, a resistance level at 60000.0 could provide resistance for the BTC/USD cryptocurrency exchange rate in the shorter term.