BTC/USD potential target at $65K

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)SellBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)SellBuySell
SAR(0.02;0.2)SellSellBuy
Aggregate

From the 7 days perspective, the Bitcoin cryptocurrency has surged by 26.22% against the US Dollar. The cryptocurrency pair breached the $50K mark during yesterday's trading session.

All things being equal, the exchange rate could continue to trend bullish during the following trading sessions. The potential target for the BTC/USD pair would be near the $65K area.

However, the world's largest cryptocurrency by market cap could encounter resistance at the 52000.00 level within this week's trading sessions.

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