Bitcoin price saw slow moves below $5150 resistance level against the US Dollar. BTC/USD cleared the $5150 and $5200 resistance levels. The price then corrected higher and succeeded in moving above $5200 levels. The price also broke the 50% Fib retracement level from the $4905 low. globalxchange
The hourly graph demonstrates that BTC cost is plainly moving in the positive zone and the100 SMA. The price could go back near $5250 level if no support found. Otherwise, the break above can make the price move higher towards $5400. The hourly Global Exchange MACD for the pair is moving towards the bearish zone and RSI is getting down 50 levels.
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