Expected trading for the rest of weekend is between 8650.00 support and 9200.00 resistance
Bitcoin is capturing headlines with sharp rise in price,
giving credibility to the claim that it has the potential to become
major disruptor in the global economy.
- It seems like the current trend is very positive as many see it:
- More secure form of cash and an independent safe harbor in financial crises times.
- New nationless currency that will increasingly be able to buy goods and services.
The resistance around the 9000.00 level was broken.
Bitcoin price was able to move above 9000.00 and formed a new
all-time high at 9050.00 level.4 Hour MACD is placed well in the bullish zone.
RSI is moving higher in the overbought levels above 75.
The upside targets could be 9200.00.
Expected trading for the rest of weekend:
is between 8650.00 support and 9200.00 resistance.
Expected trend for the rest of weekend:
Bullish.
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