Bitcoin Hinting Bear Trend – From the bullish trend in the months, the market underwent a short term surge on Sunday, seemingly on the back of no catalyst. Btc surged past $4000 for the first time in weeks, with other currencies following close behind it. Global X change.
BTC is currently valued at $4040, posting $5.02 billion in 24-hour volumes to match its 4.33% gain.
Global exchange. From the above chart, if the price breaks $4050 support line the price may rail up to $5050, on the other hand, if the price fails to breaks the upside trend, the price might surge to $3950. Global xchange. MACD for the pair is highly positive zone and RSI is above the 70 levels.
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