Bitcoin (BTC) price has declined in the last three days after the rejection at the moving average lines.
Dugoročna prognoza cijene bitcoina: medvjedast
Buyers pushed the cryptocurrency to a high of $16,963 on Dec. 26, but were beaten back. Since then, the bitcoin price has fallen to a low of $16,444, but the bulls have bought the dips. At the time of writing, the cryptocurrency had risen above $16,586. However, selling pressure could pick up again if bearish momentum stays below the $16,500 support. Bitcoin will fall to a low of $16,000. If $16,000 support is broken, the decline will continue to the low of $15,588. However, if the $16,500 support holds, the largest cryptocurrency will resume its uptrend. Initially, it will rise and retest the $17,000 mark. If the $17,000 mark is broken, Bitcoin will reach its previous high of $18,000.
Prikaz Bitcoin indikatora
Bitcoin has continued to decline and has reached the 42 level of the Relative Strength Index for the 14 period. Bitcoin has reached a critical support level as a result of the recent setback. As long as the price bars are below the moving average lines, Bitcoin is vulnerable to a decline. The horizontal slope of the moving average lines indicates the trend. Bitcoin is in the oversold territory on the daily stochastic chart, below level 20.
Tehnički pokazatelji
Ključni nivoi otpora - 30,000 USD i 35,000 USD
Ključni nivoi podrške - 20,000 USD i 15,000 USD
Koji je sljedeći smjer za BTC / USD?
Bitcoin (BTC) has resumed its sideways movement after a minor pullback above the $16,500 support level. On the 4-hour chart, Bitcoin has fallen into the oversold zone of the market. Buyers are expected to emerge to push prices higher.
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Source: https://coinidol.com/bitcoin-struggles-16500-low/