BTCUSDT 4H | Bitcoin market overview: Price concolidation
Hello, dear subscribers!
In the previous review we looked at bitcoin price dynamics in the current price range of $11,200 - $11,600.
In the following days, the price continued to move in this trading range. Neither bulls nor bears were able to prove their superiority.
The current price of the Bitcoin is $11,580. The MACD indicator shows an insignificant bull prevalence, RSI is above 50, which also indicates the predominance of buyers in the market. The OBV indicator is about 855,000 resistance. In the next few hours, we may see a breakthrough in the bull or bear side, as the price has been in the flute for a long time between $11,200 and $11,600.
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In the previous review we looked at bitcoin price dynamics in the current price range of $11,200 - $11,600.
The current price of the Bitcoin is $11,580. The MACD indicator shows an insignificant bull prevalence, RSI is above 50, which also indicates the predominance of buyers in the market. The OBV indicator is about 855,000 resistance. In the next few hours, we may see a breakthrough in the bull or bear side, as the price has been in the flute for a long time between $11,200 and $11,600.
Subscribe to the channel and stay with us!