Bitcoin is slowly recovering from a selling pressure coming from the worldwide economy shutdown. The FED just announced unlimited quantitative easing this might lead to a USD depreciation, but will Bitcoin be affected ?
Current support/resistance: $5'500/$7'000
The RSI at 48 is converging towards its mean. The MACD is staying in the green and the gap in between EWMA 12 and the EWMA 26 is still increasing.
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