Bitcoin For A Huge Rally — Bitcoins downtrend below $3860 support against US Dollar. BTC/USD tested the $3800 support and later started to correct upside. A low was formed at $3801 and price started a upside move $3840 level. Buyers started in line pushing price above $3850 resistance level. The price broke the 50% Fib retracement level from the recent drop from the $3910 high. global xchange.
Global exchange. The hourly chart shows that BTC price preparing for a huge break upside above $3880. Break below takes the price towards $3800. Otherwise, the break above $3900 rails towards $4000. global X change. The hourly MACD for the pair is slowly moving towards bearish zone and RSI is moving below 50 level.
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