BTCUSDT 4H | Bitcoin price overview: Downtrend
It's been 24 hours since the last idea was published. The price has fallen below the support area of 6950$ and a downtrend has been formed on the chart. Indicators RSI and MACD confirm it.
Yesterday's analysis of the bitcoin market
The value of RSI is 41, which is far from the oversold zone, and it is steadily declining, which says the prevalence of sales in the market. MACD is below 0 on all indicators, which indicates the strength of the downtrend.
The current price is $6,830. The targets of the current downside movement are $6,200 - $6,000. To talk about buying, it is necessary to get fixed above $7,100.
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Yesterday's analysis of the bitcoin market
The value of RSI is 41, which is far from the oversold zone, and it is steadily declining, which says the prevalence of sales in the market. MACD is below 0 on all indicators, which indicates the strength of the downtrend.
The current price is $6,830. The targets of the current downside movement are $6,200 - $6,000. To talk about buying, it is necessary to get fixed above $7,100.
Subscribe to the channel and follow the actual information about the bitcoin market!