Bitcoin cost pushed by an critical trendline intersection yesterday though launchpad staff had unsuccessful to fuel a tanks. A cocktail and hiss is all we got. Traders can blanket their arrows until a subsequent draft signal.
Bitcoin Price Analysis
Time of analysis: 15h00 UTC
Bitstamp 1-Hour Candle Chart
From a research pages of xbt.social, progressing today:
The halving eventuality had combined a clarity of confidence that cost would rally, and when cost pushed above a upside constraining trendline, yesterday, it seemed a new call to a prior high would erupt. However, all a marketplace could conduct was a fake-out to a upside.
The draft technicals were bullish yesterday, though have now mislaid strength and a outlook, therefore, is for ongoing consolidation.
RSI had exceeded a prior high (magenta arrow) while cost usually done a reduce high (reverse divergence) and MACD had incited down from the top Bollinger Band as cost fell divided from