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Crypto Technicals: Bitcoin bulls relentless, BTC/USD scales new 13-month highs, bias still bullish

BTC/USD chart - Trading View 

Exchange - Coinbase

Support: 8778 (5-DMA); Resistance: 9532 (38.2% Fib), 9948 (April 2018 high)

Technical Analysis: Bias Bullish

BTC/USD has hit new 13-month highs at 9388 on June 16th trade.

The pair trades 1.88% higher on the day at 9144 at 04:00 GMT, bias remains bullish.

Bulls showing no signs of exhaustion, scope for further upside.

MACD is showing a bullish crossover on signal line which adds to the bullish bias.

Momentum studies are bullish. RSI well above 50 levels and sharply higher.

Next major resistance is seen at 38.2% Fib at 9532. Break above targets 9948 (April 2018 high).

5-DMA is immediate support at 8790. Breach at 20-DMA support (8289) will see dip till 7530 level.

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
 

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2019-07-02 15:32:08
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July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 765987765987m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 765987765987m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 777807777807m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 765987765987m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 777807777807m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 765987765987m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 765987765987m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 765987765987m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

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