Monfex_UK
Long

The Big bullish divergence by Bitcoin !

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Hello, Traders!
Monfex is at your service and today we overview Bitcoin .

BTC in a small falling wedge near the local support zone and resistance line. Now we see bullish divergence by RSI and can expect some growth to the local resistance zone . Also the price met with MA50 at the support and rebound from it.
Will the price break the resistance line or bounce down? The coming hours will determine it.

  • Market Cap
    $166 515 463 726 USD
  • Volume (24h)
    $27 773 925 375 USD
  • Circulating Supply
    18 021 250 BTC

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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Oct 30
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