There were no high changes in bitcoin cost against the US Dollar. BTC/USD formed support above $5000 level. The price recovered above the $5100 level. The pair also recovered from the $4960 level making a high near $5300 level. The price railed above $5200 but failed to hold the support. globalxchange
The hourly graph demonstrates that BTC cost is going to break upside and may proceed with the trend. Break above $5250 might take the pair higher. On the other hand, the price below $5000 might slow down near $4900 level. The hourly MACD for the pair is slightly in the bearish zone and RSI is around 50 level.
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