March 13 Before the Bitcoin price analysis, a summary of yesterday was
and Bitcoin declined yesterday to $ 3,830, due to the fact that Binance was in care in the morning.
In the remainder of the day, we saw low volume trading operations continue just below $ 3,900 and closed the day at $ 3,882.
March 13 Bitcoin price analysis
Starting at $ 3,880, Bitcoin's pricing trend above 100 candlestick moving average level ($ 3,839) in 4-hour view shows that the price movements are still favorable. Parity, the first resistance point in the upward movement of the 3.900 dollars is hard to pass. Horizontal price movements would trigger a 4-hour closing upward acceleration of more than $ 3,900 in the event of an upward deterioration during the day, and we can see that the BTC / USD parity could test the next resistance point of $ 3,920.
In Bitcoin, which we did not follow a strong trend, $ 3.870 is important in downward movements.
If Bitcoin saw a 4-hour closing below $ 3,870, it may experience a relaxation of up to 3,840 – 3,820 dollars
In the 4-hour BTC / USD parity,
- MACD is about to cross the positive zone.
- The stochastic RSI continues its uptrend from the oversold territory it started yesterday, with a slight upward trend.
- The RSI indicator continues its horizontal position at the level of 50.
You can keep up-to-date with our latest news from our Telegram channel, our Instagram account, our Facebook page, and our Twitter account.
The information contained herein is for informational purposes only. It does not constitute any investment advice. The author and kriptoparahaber.com are not liable for your profit or loss arising from the investments you are making. Investment is ultimately based on many foundations such as knowledge, knowledge, experience, research and personal decisions.