What I see on Bitcoin market. A bearish divergence in the MACD and a Rounding Top pattern are signals of trend reversal. If the price break below the blue line we can spect a retrasement to 7500 usd zone or 6500 usd zone. On the other hand, if price break above the red line, we could see an uptred, and perhaps, a BTC price rounding 10k usd I appreciate any...
BTC is trying to break an strong resistance zone around the 6614 usd. If It have success and the resistance turn into a support, we could spect an uptrend movement to the first target at 7200 usd zone. Its my point of view and nothing more. You are solely responsible for your trading decisions
The MACD is indicating a bullish divergence on strong support zone.
The Segwit2x effort began in May with a simple purpose: to increase the blocksize and improve Bitcoin scalability. At the time, the Bitcoin community was in crisis after nearly 3 years of heavy debate, and consensus for Segwit seemed like a distant mirage with only 30% support among miners. Segwit2x found its first success in August, as it broke the deadlock...