Thursday, June 20, 2019
Increasing interest in cryptocurrencies keeps pushing the Bitcoin price forward and attracts new investors.
Actual support/resistance: $9'000/$9'400
The $9'000 support held well the prices and the day finished with a slight recovery. Almost 13% gains are to noticed this week only. The top Altcoins do not see the same uptrend, ETH is up only by 5.42% percent this last week. This confirms the market we are in, with the interest being focused on Bitcoin. If the $9'400 resistance is broken, we can anticipate climbing up to $10'000, a strong psychological resistance.
The indicators keep the same figure, MACD being divergent and prices above the 20 days moving average.
The analysis is based on the latest close price (00:00 UTC time, daily basis)
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