Bitcoin Bulls Waiting Above $4000 – The strong upward move in bitcoin price above the $3850 level against US Dollar started gains. BTC/USD tried to break the $3900 resistance in some event and corrected lower. The pair declined below $3850 level and found support near $3830. There was a break above 50% Fib retracement level from $3825 low. global X change.
Global xchange. The hourly chart demonstrates that BTC price is getting ready for the following above $4000 or below $3750. Break above $3950 takes price towards $4050 resistance. Below $3800 dives the price towards $3760 or below. global exchange. The hourly MACD for the pair is in the about to enter bearish zone and RSI is above 50 level.
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