BTC/USD: Can Bulls Move to $9,700 or Expecting a Slight Decrease

By CryptoComes
On the weekly chart, Bitcoin (BTC) is slightly turning to the bullish zone, however, the trading volume is still low to fix above $10,000. From the other hand, there is a bullish divergence on the RSI indicator and it has not reached the overbought zone yet. In this case, traders may expect a false breakout of the $10,000 mark followed by a decline.

Chart PatternsHarmonic PatternsTrend Analysis
CryptoComes

Disclaimer