| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | 4H | 1D | 1W |
| RSI(14) | Buy | Buy | Buy |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
The Bitcoin cryptocurrency has edged higher by 56% against the US Dollar since September 30. The cryptocurrency pair breached the $64K mark during the Asian session on Wednesday.
Technical indicators suggest buying signals on the 4H, daily and weekly time-frame charts. Most likely, buyers could continue to drive the exchange rate higher during the following trading sessions.
However, the resistance level at the $65,000 mark could provide resistance for the BTC/USD exchange rate in the shorter term.