The BTC price again broke out of the downtrend line of the descending triangle, which is a bullish sign.
The critical level to watch on the upside is $6,960.oo If this critical resistance is crossed, the Bitcoin will pick up volumen and move up to $7,500.oo and $7,800.00 them If the bulls fail to broke the $7,000.oo level, the bitcoin will spend some more time in a bottom formation.
On the downside, the critical support zone is $6,000.oo. If this breaks, lower levels of $5,500.oo
The MACD indicator show us uptrend movement.
The critical level to watch on the upside is $6,960.oo If this critical resistance is crossed, the Bitcoin will pick up volumen and move up to $7,500.oo and $7,800.00 them If the bulls fail to broke the $7,000.oo level, the bitcoin will spend some more time in a bottom formation.
On the downside, the critical support zone is $6,000.oo. If this breaks, lower levels of $5,500.oo
The MACD indicator show us uptrend movement.