The last increase was observed and reviewed by us in our recent review, Bitcoin reached the resistance line (average line moves 200) so price correction would be normal.
We can see that we expect a price correction by the Stochastic that came to Overbought and the RSI indicator that is very close to 70 which is an area of the trend change.
For the trend to be even more stable we need to see the BTC rising above the 200 moving average line
Target: $ 9320
We can see that we expect a price correction by the Stochastic that came to Overbought and the RSI indicator that is very close to 70 which is an area of the trend change.
For the trend to be even more stable we need to see the BTC rising above the 200 moving average line
Target: $ 9320