CRYPTO NEWS - Bitcoin (BTC): MACD Goes Green After 82 Bearish Days
00:02 Intro
01:15 Crypto News
01:45 Bitcoin News
02:12 Ethereum News
03:02 Bitcoin Technical Analysys
04:55 Bitcoin Price Prediction
05:52 Outro
Yesterday, buyers tried to restore bitcoin price to the average price area, but met resistance at 38.2% Fibo level (37149.97 USD). By the end of the day, the pair protested the 36270.00 USD level and the bulls repeated their attempt to break through the 38.2% Fibonacci level resistance. Tonight they consolidated above it, and in the morning they continued rising towards the two-hour EMA55.

This growth is not yet supported by the heavy volumes and if the bulls do not increase the pressure during the day, the recovery will hit the resistance level of 38900.00 USD again. In case of a strong bullish momentum, a long-awaited retest to the psychological mark of 40000.00 USD is possible.

Yesterday morning, with low trading volumes, Ethereum price consolidated in a short-term sidewall at the average price level. When selling volumes began to prevail, the pair slipped to 2570.00 USD.

In the evening, buyers returned ethereum price to the two-hour EMA55, and late at night the pair ETH/USD consolidated above the average price level.

This morning the growth continued to the resistance of 2800.00 USD. In case of a breakout, we are counting on a re-test of the psychological level of 3000.00 USD.

Translated with www.DeepL.com/Translator (free version)