A quiet weekend after a volatile week?
Current support/resistance: $10'000/$10'500
With a gain of more than $300, the price of Bitcoin has seen its best day since the beginning of September. However, with volumes still low, the buying pressure is not high enough to go back above the $10'500 level. Compared to past weekends, it is likely that the Friday closing price will be the level observed during the coming weekend.
In terms of technical indicators, it is interesting to highlight that the MACD lines just did not cross and finally diverged. Since the end of August, this indicates that the momentum bullish despite the strong variations and falls observed. We remind you that the price was close to $9'300 for several days at this time.
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