Bitcoin steady For Short Term – Bitcoin price rebounded after trading at $3872 low against the US Dollar. BTC/USD corrected above the $3960 resistance level. The price was supported above $3950 level and rejected further gains. The pair found a dip below $3980 and the 23.6% Fib retracement level. globalexchange.
Global exchange. The hourly chart shows that BTC price is clearly above $3940 support level. Chances of more gain is possible if the price holds above $4000 level. On the other hand, might lose below $3920. globalxchange.The hourly MACD for the pair is slightly moving towards the bullish zone and RSI is moving below 50 level.
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