Bitcoin
Bitcoin is showing some resilience around the $59,200 level after a bit of a choppy session. The RSI is climbing and currently sits just above 58, which suggests some bullish momentum is building, but it’s not in overbought territory yet. The MACD is crossing into positive territory with a bullish crossover, signaling that we could see some further upside in the short term. If the price manages to break and hold above $59,300, we might see a push towards $60,000 soon. Keep an eye on this level for potential long entries.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.