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  • Market Cap: $279990436448.38
  • 24h Vol: $183355047478.37

Bitcoin Daily Analysis: $3289

Bitcoin faces the cold London weather and open this morning as it failed to make a positive effect during the Asian Trading closes. As Nouvive reported yesterday, the Altcoin market will face a 7% decrease over the week – making it a start for new investors into the market.

What does the chart say today? 

Bullish

  • The lower time frames show that a bounce to the resistance is possible during the course of the day to fill the volume gap at $3430.
  • Accumulation over the past several hours have slightly ticked up by 3% as market sentiment has increased during the same time.
  • Buy-side support is currently in a tight-knit fight with sell-side as they seek to overpower the resistance level that is the 15MA.
  • We may see a wick up towards $3457 if buy-side support during quiet trading hours can overpower matched by the rising RSI on the 2H chart.

Bearish

  • Higher time frames all illustrate that buy-side support is weaning on the higher levels with ultimately the market set to re-test the bottom that is $3187.
  • MACD values and Nouvive ViFeed signals are proving that it is time to sell or look for a short-level.
  • Volume gaps to be filled at $3287 – we will MORE THAN LIKELY see this during the course of the day.

Nouvive Says: Slow trading hours could see BTC tick up to $3457 before falling to the other side of the range to fill the gaps at $3287 as Bitcoin seeks to find a definitive bottom.

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2255

ViFeed Indicators

Bitcoin (BTC)
$9610.58
0.00 RSI
-1.87%
--
Ethereum (ETH)
$256.82
0.00 RSI
1.73%
--
XRP (XRP)
$0.28
0.00 RSI
-1.78%
--
Bitcoin Cash (BCH)
$398.9
0.00 RSI
-1.68%
--
Bitcoin SV (BSV)
$306.72
0.00 RSI
10.86%
--
Tether (USDT)
$1
0.00 RSI
-0.08%
--
Litecoin (LTC)
$72.25
0.00 RSI
0.00%
--
EOS (EOS)
$4.35
0.00 RSI
1.58%
--
Binance Coin (BNB)
$23
0.00 RSI
-0.24%
--
Tezos (XTZ)
$3.04
0.00 RSI
-0.06%
--
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