space is that.S. The bears broke the 12-day EMA but were unable to break the 26-day EMA. BTC/USD Medium-term Trend: Bullish Resistance Levels: 6,800, 6,900, 7,000 Support levels: 4,500, 4,400, 4, 200 Yesterday, April 2, the price of Bitcoin was in a bullish trend. Today, the BTC price reached the high of 6,435.01. Also, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The BTC price fell to a low at 3,903.90 and commenced a bullish movement.
The relative strength index period 14 is level 50 which indicates that price is in the sideways trend zone. But the 20-day moving average and the 50-day moving average are trending southward indicating that the overall trend is bearish. For the whole of June 2018, the price of Bitcoin had traded above the 6,000 price level. On December 15, the crypto had depreciated to the low of 3,229.80. Bitcoin (BTC) Daily Price Forecast: November 15, 2018 BTC/USD Medium-term Trend: Bearish Resistance Levels: 6,800, 6,900, 7,000 Support levels: 5,600, 5,400, 5,200 Yesterday, November 14, the price of Bitcoin was in a bearish trend.
The asset had a price value of 9,264.79 at the beginning of the month of May, 2018. Also, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicate that Bitcoin price is falling. Sources: DHS Seizure Warrant Against. As at the time of writing, the capital has gone down to 6,490.75.