BTCUSD neutral

Bitcoin price is in flat again

12 april 2022 73
Konstantin_Kochkin
Konstantin_Kochkin

Listed among the best MarketCheese authors
2nd in the segment "Crypto"
3rd in the segment "Metals"
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After 10 days of roaming above the level of $45000, Bitcoin has come back to the range of $38000 - $45000.


Today the price is near the lower border of the interval upon reaching which it is likely to turn to the upper border.

 

The DeMarker indicator is in the zone of extreme oversold which means the upward movement of Bitcoin is quite possible soon. 

Konstantin_Kochkin
Konstantin_Kochkin

Listed among the best MarketCheese authors
2nd in the segment "Crypto"
3rd in the segment "Metals"
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