How Bitcoin is doing?Despite a short recovery a few days ago, chart analyzes still show that bitcoin (BTC) is still in a state of volatility and is on the edge of falling now. The current price of BTC is: $8.483,55
This cryptocurrency has broken the downward momentum on last Wednesday, due to a divergence of the RSI and also showed a pullback from the recent high of $ 9,990 ended at a low point of $8,980
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The momentum break could give investors more hope for a stronger move towards the goal $9,767 (April 25 highs) or even higher, $10,000.
However, the price has stopped at around $8.483,55 dollars in the past 15 hours and is a challenging task to break through it at this point.
RTCRothscointeam Well after a big sell of BTC, It's only natural for it to have a dump. I guess it needs some time for recovery. there's a big supply right now, and i know that gradually it will recover sine the tokens need to circulate and investors are still putting effort to pump BTC. Though the recovery is gradual I'm still positive that BTc is on an increasing trend.