Bitcoin Discussion • Re: Bitcoin price and analysis

By February 8, 2022 General 0 Comments

BTC price now at $43,767.66, its success to contune yesterdays rising price, volume trading 24 hour rising 74% to $28,528,945,677 and market cap also rise 3.76% to $828,724,300,623.

There are traders that believe if the BTC price could reach $45k, and it is possible, the price now already above MA line and crossing MA already formed as valid., but the consideration is now the price move at the upper band, beware if there are reversal pattern on the zone. besides RSI level shows the price is already closed on overbought area level now 65, meanwhile level overbought is 80.

Based on H1 now the BTC price in a correction down wave, and on the middle band, meanwhile RSI level 62 sleeping down.

Statistics: Posted by FXOpentrader — Tue Feb 08, 2022 12:22 am