BTC Activates Uptrend – Bitcoin subsequent to exchanging at $3800 resistance started a downtrend against US Dollar. BTC/USD at $3800 high then traded below $3700 support level to $3627 low. Global exchange. The pair broke below the 23.6% Fib retracement level after the swing from $3800 high to $3627 low. Global xchange.
Global xchange. The daily chart demonstrates that BTC cost is probably going to break above $3680 or below $3620. Break above $3680 could take the prie to $3720. Otherwise, the could rail down to $3600 resistance. Globalxchange. Hourly MACD for the pair is the bearish zone and RSI is moving towards 50 level.
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