BTC Price To Bounce

BTC Price To Bounce – BTC discovered help at the bottom of its downtrend on the hourly chart against USD. BTC/USD traded at $3445 low and near the 50% Fib retracement level and lines up with 100 SMA. Globalxchange. The cost exchanged at new weekly low and found good support above $3450. Globalexchange.

Global exchange. From the above chart, the pair holds good support above $3450. The value breaks the $3490 support its likely jump to $3560 then to $3610 support. Otherwise, the cost may plunge down to $3440 then to $3390 support. globalxchange. MACD for the pair is slightly in the bearish zone and RSI is in line with 30 level.