BTC Attempt To Reclaim 4000 Dollar

BTC Attempt To Reclaim 4000 Dollar – BTC price saw an uptrend above $4032 high against the US Dollar. BTC/USD broke the $4050 resistance and traded at new monthly high at $4056. The pair failed to break the $4070 resistance level. The price then broke the $4000 support level and settled below 100 SMA. The decline was harsh as the price traded at $3915 with new weekly low. global xchange.
Global exchange. The hourly graph demonstrates that BTC price is nicely railing into the bullish zone from the last decline. Break above $4010 takes the pair back to form. Otherwise, the price might go down to $3950 support level. global X change. The hourly MACD for the pair is in the bearish zone and RSI is near the 50 level.

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