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BTC support at 12-12.5k

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Support zones at 12-12.5k, waiting to retest after showing resistance from MA50 line. If it can bounce off 12-12.5k zone and break through MA50, then BTC will be bullish. RSI heading towards oversold, perhaps BTC is ready for a stage of healthy growth. MACD still suggesting bearish trend, but should indicate a reversal soon.

Orders put in at 12.5-13k, waiting for bounce off resistance/close above resistance line. Otherwise, be ready to see it drop to another support level.

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