| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The Bitcoin cryptocurrency has declined by 15.24% against the US Dollar since this week's trading sessions. The decline was stopped by the 200– day simple moving average at 45854.9 on September 7.
If the support level, formed by the 200– day SMA holds, bullish traders could pressure the world's largest cryptocurrency towards the $60K mark during the following trading sessions.
However, if the BTC/USD cryptocurrency pair breaks the support level, bears could target the $40,000 mark this week.