Bitcoin Bulls Towards $4200


Bitcoin price saw a strong upside break above $4000 resistance against the US Dollar. BTC/USD formed a support above $3990 and $4000 level. There was an upside move near $4040 level. The price gained control and moved near $4100 support level. New monthly high at $4131 formed and corrected downwards. global xchange.


Globalxchange. The hourly chart demonstrates that BTC value eyes to move upside above $4100 support level. Break above $4100 might take the upside towards $4200 level. Otherwise, the price dip might go down till $3900 level. global X change. The hourly MACD for the pair is touching the bearish zone and RSI is in 50 level.

Comments