Bitcoin Footing Towards Bulls – Bitcoin price moved downside from the $3975 swing high against US Dollar. BTC/USD traded below at $3900 support level. The pair found support near $3900 support level and recovered. The price declined below 50% Fib retracement level from $3967 high to $3902 low. global xchange.
Global X change. The hourly chart shows that BTC is trading above $3900 support level. More chance of upside move towards $3980 and $4000 resistance if price continues bulls. Otherwise, the break below takes price to $3880. globalexchange. The hourly MACD for the pair is attempting a bearish movement and RSI is below 50 level.
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