Bitcoin (BTC) Prepares For Its Biggest Fall In Weeks

2018-7-24 21:30

Bitcoin (BTC) has run into strong resistance as it struggles to break past the downtrend line, but overall conditions indicate that this rally is now over. RSI on the BTC/USD chart above is trading in a rising wedge and has now reached the upper limit of the wedge.

The IFT Stochastic also indicates a pull back as it has topped out. EMA alignment for BTC/USD continues to remain bearish. This indicates that the price is due for a pull back in the near future and is expected to correct in a downward direction.

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Bitcoin (BTC) на Currencies.ru

$ 69958.42 (-0.65%)
Объем 24H $39.494b
Изменеия 24h: 0.34 %, 7d: -4.62 %
Cегодня L: $69818.89 - H: $71325.55
Капитализация $1399.381b Rank 1
Цена в час новости $ 8259.2 (747.04%)

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