BTC/USD - Medium Term Bull Trend
The Bitcoin prices has shown a marked reluctance. It has registered a devaluation since the highs made at the end of 2017, close to 20k. The breakdown of the 100 weeks Simple Moving Average ( SMA ) accelerated the devaluation, but promoted a period of accumulation near the 200 SMA .
Additionally RSI 14 breaking up the 30 level, its another significant bullish signal.
Target price @ 5780
Additionally RSI 14 breaking up the 30 level, its another significant bullish signal.
Target price @ 5780
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.