Bitcoin Hiking Towards 4050 Dollar– Bitcoin price made a upside move last week above $4000 resistance level against US Dollar. BTC/USD broke the $4020 level and traded at $4025 new weekly high. The price was then pushed down from the new high and traded around $3950 support level. There was a break below 50% Fib retracement level from the $3936 low to $4037 high. global xchange.
Global exchange. The hourly chart shows that BTC price is struggling to make above $4000 level. Break above $3990 level takes the price to hike higher. On the other hand, the price might dive below $3930 level. Global X change. The hourly MACD for the pair is slightly moving towards bearish zone and RSI is with 40 level.
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