Bitcoin Discussion • Re: Bitcoin price and analysis

Bitcon price today $29,227.74 drop 2.64%, volume 24 hours $29,581,478,958 rise 48.37%, marketcap $556,873,970,780 fall 2.64%, high and low 24 hours Low:$29,133.95 and High:$30,590.59

BTC price still hard to rise above $30k, the price back again to drop at 29k price level.

In the daily timeframe, based on MA 9 the price move on flat condition, where the price cross up and down the line, while based on the Bollinger band the price now near the middle band here act as a resistance level, while RSI 37 indicates a downtrend based indicator

Hourly timeframe, the price suddenly drops and crosses lower band and Bollinger band line expand as increase volatility, while MA 9 above the price means downtrend based indicator, while RSI Level 31 trying to out from oversold zone level.

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Statistics: Posted by FXOpentrader — Mon May 23, 2022 8:39 pm