Compartilhe este artigo
Bitcoin Momentum Strengthens Despite Short-Term Pause
BTC is holding support, similar to what occurred in late March before a 16% price rise.
Por Damanick Dantes
Atualizado 11 de mai. de 2023, 6:14 p.m. Publicado 21 de abr. de 2022, 6:03 p.m. 1 min readTraduzido por IA
Bitcoin (BTC) generated a positive momentum signal on the daily price chart, similar to what occurred in late March. That suggests buyers could remain active toward the $46,700 resistance level.
The cryptocurrency was trading around $41,900 at press time and is up 4% over the past week.
The relative strength index (RSI) on the four-hour chart is declining from overbought levels, which typically occurs during a brief pullback in price. Still, support at $40,000 could maintain BTC's recovery phase.
Initial resistance is seen at $42,400, where sellers were active earlier in the New York trading day. On the daily chart, however, the RSI is rising from oversold levels with stronger momentum, indicating a rise in bullish sentiment.
More For You
"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," wrote President Trump late Saturday afternoon.
What to know:
- Down sharply earlier Saturday, bitcoin moved to gains on the day after President Trump announced a peace agreement with Iran and other Middle Eastern countries.
- As part of the deal, Trump said, the Strait of Hormuz will be reopened.
Top Stories
