| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Sell |
| Stochastic(5;3;3) | Buy | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The BTC/USD pair has appreciated more than 37.80% in value since last week's trading session. The cryptocurrency reached the $8500 mark during the previous session.
After hitting the $8500 resistance level, the Bitcoin cryptocurrency began to decline.The pair tested a support line formed by the monthly R2 at 6596.8 during the morning hours of today's trading session.
Everything being equal, it is likely that bulls would continue to dominate the pair during the following trading days. The pair might aim for the $9500 area before the end of next week's trading sessions.