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

$ 71851.18 (-0.57%)
Объем 24H $35.41b
Изменеия 24h: 0.63 %, 7d: 7.80 %
Cегодня L: $70559.03 - H: $72504.3
Капитализация $1438.004b Rank 1
Цена в час новости $ 8259.2 (769.95%)

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