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GREEN Bitcoin | Short-Term Bullish View ($9350/$9600 Possible)
Bitcoin
GREEN Bitcoin | Short-Term Bullish View ($9350/$9600 Possible)
By AlanSantana
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Jul 12, 2020
4
Jul 12, 2020
Looking at Bitcoin (BTCUSD) Short-Term, 4H timeframe, a bullish jump is possible.
We have a higher low after the MA200 rejection and prices are now trading above EMA10/50/100.
The RSI remains above 50 and the MACD allows for this move even though it is mixed.
NOTE
Even though this short-term bullish move is possible, there are many mixed signals here and Bitcoin has been going sideways for a while.
We continue to see range trading; Bitcoin Sideways.
When Bitcoin goes sideways the Altcoins market continues to grow.
Namaste.
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