Hello, Traders! Monfex is at your service and today we overview Bitcoin.
Now we see clear falling wedge inside this descending channel, and a triple bullish divergence by RSI that can push the price to the resistance zone and main trading volume range.
The resistance zone ~ $9000-9100
The support zone ~ $8665-8500
Supposed Trade Signal by BTC/USD
Buy near $8600-8500
Take profit ~ $9000
Stop loss at $8435
Market Cap $157 583 137 620 USD
Volume (24h) $19 403 351 417 USD
Circulating Supply 18 043 475 BTC
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