Technical analysis by Beyoglu_Analyst about Symbol BTC on 18 hour ago

Bitcoin made another pullback from the key psychological of $99k support price level. Bitcoin is struggling to maintain its price above the resistance $104k. BTC has to make a day above this resistance to keep the bullish momentum continue. A day close above the resistance will help bitcoin to extend the rally $107K. However a day close below $104k could result in fall of the price to $99k again. Relative Strength Index RSI is at 37 low then the level of neutral indicating the bear hold in the market. Moving Average Convergence Divergence made a bearish crossover Monday forming weaker histogram indicating that bearish momentum is getting weaker. #BTC