Bitcoin has been trading below $45,000 during one and a half months.
Though attempts to overcome this level are continuing.
Just last week, yet another attempt was unsuccessful. But having pullback down a little, Bitcoin again returns to storm the level.
The line of the relative strength index is directed upwards and has not entered the overbought zone yet which implies some growth of the cryptocurrency.
If the target is still achieved, we can see this within a couple of days, the growth to the next level of 51,000 is probable, otherwise it will be the decline to $35,000.
This content is for informational purposes only and is not intended to be investing advice.