BTCUSDT 4H | Bitcoin market overview: Bearish
Hello, dear subscribers!
In the previous review, we reviewed the possible future movement of the bitcoin price. In the past days, bitcoin was traded in the range of 9,800 - 10,500.
Currently, the price of bitcoin - 10,180. On the 4-hour chart support area - 9,500 - 9,700. We are in correction movement after the dramatic fall of the bitcoin price from 12,040 to 9,825. This price movement indicates that sellers and buyers are accumulating strength in order to determine in which direction further price movement will go. RSI and MACD indicators are in the red zone, i.e. the current position indicates that bearish moods prevail in the market.
Subscribe to the channel and stay with us!
In the previous review, we reviewed the possible future movement of the bitcoin price. In the past days, bitcoin was traded in the range of 9,800 - 10,500.
Currently, the price of bitcoin - 10,180. On the 4-hour chart support area - 9,500 - 9,700. We are in correction movement after the dramatic fall of the bitcoin price from 12,040 to 9,825. This price movement indicates that sellers and buyers are accumulating strength in order to determine in which direction further price movement will go. RSI and MACD indicators are in the red zone, i.e. the current position indicates that bearish moods prevail in the market.
Subscribe to the channel and stay with us!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.