| 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) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
The Bitcoin cryptocurrency edged lower by 21.91% against the US Dollar during last week's trading sessions. The world's largest cryptocurrency by market cap failed to break the $50K mark last week.
Currently, the BTC/USD cryptocurrency pair is trading near the 40,000 support level.
If the exchange rate breaks the $40,000 mark, sellers could target the support level at the 30,000 area during the following trading sessions.
However, if the support line holds, a surge towards the 55,000 mark within this week's trading sessions.