| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | 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 surged by 12.55% 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 exchange rate is trading near a resistance near the 50,000 mark.
If the cryptocurrency breaks the $50,000 mark, buyers could target the all-time high at the 65,000 level during the following trading sessions.
However, if the resistance line holds, a decline towards the 50– day simple moving average at 41570.0 could be expected this week.