BTCUSDT 4H | Bitcoin market overview: Bullish
Hello, dear subscribers!
In the last review we talked about that the price of bitcoin in the coming days will be in a wide range $10,700-$12,000.
The need for this appeared after the impressive rise in the price of Bitcoin from $9,250 to $12,150 starting in mid-July. In order to continue growing and attack the resistance zone of $11,800 - $12,000 bulls need to accumulate strength.
The current price is $11,700. Yesterday the bulls tried to attack the price of $11,800 and got close to it. MACD and RSI indicators are in the growth zone, which suggests that the bulls may continue to attempt to enter the zone of $11,800-$12,000 and go further. For sellers, there is no way yet to push the price down, the bulls are currently in the initiative.
Subscribe to the channel and stay with us!
In the last review we talked about that the price of bitcoin in the coming days will be in a wide range $10,700-$12,000.
The need for this appeared after the impressive rise in the price of Bitcoin from $9,250 to $12,150 starting in mid-July. In order to continue growing and attack the resistance zone of $11,800 - $12,000 bulls need to accumulate strength.
The current price is $11,700. Yesterday the bulls tried to attack the price of $11,800 and got close to it. MACD and RSI indicators are in the growth zone, which suggests that the bulls may continue to attempt to enter the zone of $11,800-$12,000 and go further. For sellers, there is no way yet to push the price down, the bulls are currently in the initiative.
Subscribe to the channel and stay with us!
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