Bitcoin analysis

in #bitcoin3 years ago

Bitcoin is respecting the level of 40000$. If any negative news come about russia and ukrain then btc can take dip to 39300$ as in chart. In 1h timeframe: the btc is testing the support, RSI is also looking little bullish and MACD crossover has taken place but we also look for ssl channel crossover for bulltrend. But in 4h timeframe we wait for macd crossover to bullish wave in long term. 1D timegraph: MACD crossover is taking place, RSI looking good. If MACD crossover is positive then we can see bullish wave but if it is negative then bear can take control.
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