Tuesday, September 17, 2019
The strong increase of volume this Monday did not affect the current path of Bitcoin.
00:00 UTC
CyBorg Predictor
SwissBorg Community
Current support/resistance: $10'000/$10'400
The bitcoin price is trading in a bearish zone below the $10'400 level. We noticed particularly high volume on Monday as well as increased volatility. As the price continues to be on a bearish trend, the google trends have been going down as well. Mass interest seems to be there only when Bitcoin undergoes massive surges.
In terms of technical indicators, the MACD lines are on the verge to intersect and we just crossed the 20 days moving average, giving more bearish signals.
The analysis is based on the latest close price (00:00 UTC time, daily basis)
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