CatalystsFinance

BTCUSDT 1D | Bitcoin price overview: Breaking the resistance

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BINANCE:BTCUSDT   Bitcoin / TetherUS
There are about two weeks before halving bitcoin and the market is in a bullish mood. Pay attention to the daily chart. The price came close to the resistance zone of $7800-$8000, after overcoming which the targets will be 8600-8800.
RSI 1D is still outside the overbought zone, MACD is looking up strongly. We observe the formation of three consecutive descending peaks in the MACD along with three ascending price peaks. We have considered the formation of this pattern in two previous daily chart reviews.

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