| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Neutral |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Bitcoin cryptocurrency fell below the 200– day simple moving average during the last week of May.
Given that the 50– and 200– day SMAs are above the current price level, the BTC/USD exchange rate could continue to edge lower during the following trading sessions. Bearish traders may drive the Bitcoin price towards the $20,000 mark.
However, sellers could encounter a barrier at the $30,000 level during this week's trading sessions.