| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Buy | Buy |
| Stochastic (5; 3) | Neutral | Neutral | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
Bitcoin cryptocurrency has continued to depreciate against the US Dollar. The pair reached the $3500 mark during yesterday's session.
The pair tested a resistance level formed by the traditional weekly pivot point at 3646.1 during the morning hour of Tuesday's session.
Technical indicators on the daily time frame demonstrate that the BTC/USD pair is likely to continue its depreciation during the following trading session. If this decline continues, the potential target for the cryptocurrency will be at the $2500 mark.