| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Sell |
| Stochastic(5;3;3) | Sell | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Bitcoin cryptocurrency has surged by 32.24% against the US Dollar since the beginning of the year. The blockchain tested the $40K mark during Thursday's trading session.
As for the near future, the exchange rate is likely to continue to edge higher. Bullish traders might target the $48,000 mark this week.
However, the weekly resistance level at the 40335.2 region could still provide resistance for the BTC/USD cryptocurrency exchange rate during the following trading sessions.