Bitcoin (BTC) dị ka Dominance Falls

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Ọnụego ịga nke ọma 79%. Nsonaazụ anyị ga-atọ gị ụtọ.

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Mpaghara Nguzogide Igodo: $ 10,000, $ 11,000, $ 12,000
Mpaghara Nkwado Isi: $ 7, 000, $ 6, 000, $ 5,000

BTC / USD nddị ogologo oge: Bullish
Bitcoin is still trading in the bullish trend zone. We have entered the fourth day as Bitcoin continues to struggle below the $8,800 resistance level. On a daily bases, the bulls will test the resistance level and pullback. As the coins fluctuate below the resistance level, the coin is characterized by indecisive candlesticks like the Dojis and the Spinning tops.

These candlesticks describes the indecision between the buyers and sellers. Nonetheless, if the bulls succeed in breaking the $8,800 resistance, the market will move to the $9,500. Meanwhile, the fluctuation is ongoing below the resistance level.

Chart egosi na-egosi:
Bitcoin is in a strong bullish momentum as the stochastic bands are above the 80% range. It is possible that sellers may show up in the overbought region of the market. The purpose is to push the price downward. The EMAs are also showing signs of a bullish crossover indicating price rise.

BTC / USD Mkpụrụ oge ọkara: Bullish
On the 4 hour chart, the price is in an uptrend. The coin is making a series of higher highs and higher lows. The uptrend is showing the support levels of price where traders can initiate long trades. The bulls are testing the resistance at $9,000, while the price pulls back.

Ihe ngosi Chart nke oge 4 Readinggụ ihe
The RSI period 14 level 66 indicates that the market is above the centerline 50. It means that Bitcoin will rise. The 21-day SMA and the 50-day SMA are sloping upward indicating the upward move.

General Outlook maka Bitcoin (BTC)
For the past four days, Bitcoin is in a sideways trend. The upward move has been hampered at the $8,800 resistance level. The market is actually fluctuating between the levels of $8,600 and $8,800. In a couple of days to come, we should expect a price breakout or price breakdown. A bullish breakout will see the Bitcoin reached a high of $9,500. All the indicators are showing buy signals

BTC Trade mgbaàmà
Ngwaọrụ: BTC / USD
Iwu: Zụrụ
Ọnụ nbanye: $ 8,800
Kwụsị: $ 8,000
Iche: $ 9,500

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