btc
Hello Fellow bassem,
Here was the analyse of the chart done 2 days ago with my prediction :
With the bulls gearing up for another run the Bitcoin prices have been steadily on the rise this week. From a low of under $6K we are nearly at $11K again and things are starting to look up.
Can we sustain the momentum and continue this uptrend?
Today I'm using three different trading tools and indicators: Bollinger Bands, Stochastics and MACD.
Bollinger Bands show we are above the moving average which is around $10,690.
Stochastics indicate we are overbought.
MACD is way above the zero line and possibly tapering down. Watch for a crossover of the two moving averages.
TLDR Version:
Bitcoin is having a fantastic week on the heels of all the positive news. Expect prices to hold above the $10K zone for today through tomorrow, with resistance around $11-11.5K.
Price Target:
$11,800