12 days after the Golden Cross, the bitcoin seems to slowly recover from a strong selling pressure. Pressure which was presumabily coming from the pandemic effect and panic movement currently plumbing the financial markets. Worldwide economy is still running in slow motion.
Current support/resistance: $5'500/$6'000
The RSI at 46 is coming back from an oversold position and is slowly getting back on track towards new heights. The MACD is staying in the green and the gap in between MAC12 and the MAC26 is increasing.
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