The Price of Bitcoin has been bounce from the key psychological support price level of $62,500. The Price of $BTC has been up nearly 8% today. If Bitcoin will made a day close above $68,500 then i could extend the pump towards $72,000.
If the Iran and USA will make a deal tomorrow it will bring more bullish momentum for crypto market. The Relative Strength Index RSI is at 45 bounce back from the oversold territory and lower then the level of neutral. The RSI must sustain above the level of neutral to keep the bullish momentum continue. While Moving Average Convergence Divergence MACD also Indicating that the momentum has been shift from bearish to bullish.
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ybaser
· 1h ago
Wishing you great wealth in the Year of the Horse 🐴
The Price of Bitcoin has been bounce from the key psychological support price level of $62,500. The Price of $BTC has been up nearly 8% today. If Bitcoin will made a day close above $68,500 then i could extend the pump towards $72,000.
If the Iran and USA will make a deal tomorrow it will bring more bullish momentum for crypto market.
The Relative Strength Index RSI is at 45 bounce back from the oversold territory and lower then the level of neutral. The RSI must sustain above the level of neutral to keep the bullish momentum continue. While Moving Average Convergence Divergence MACD also Indicating that the momentum has been shift from bearish to bullish.