Bitcoin Towering Bulls – Bitcoin chances to hit $4000 against US Dollar. BTC/USD carried the bulls and broke the $4000 resistance level. There was a break noted above $4040 resistance and the 100 SMA. if ethereum drives its price towards $150 then bitcoin breaks the $4050 resistance. A high at $4048 was formed and then the price started the downside correction. Global x change.
Global xchange. The hourly chart shows that BTC price is nicely placed above $3900 resistance level. Break above $4000 will take the price to $4090. Otherwise, the price might dip down to $3800. Global exchange. The hourly MACD for the pair is in the bullish zone and moving towards bearish zone and RSI for the pair is moving above 70 level.
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