![]() ![]() ![]() Let’s take a look at the 4 hour BTCUSD chart from Bitfinex, while executing the Williams Alligator indicator, the MACD indicator and the Klinger Volume Oscillator (KVO) (look at the below chart). So, where can we expect bitcoin price to be heading during the upcoming week?ĭownwards Price Correction Is Prominent On the 4 Hour BTCUSD Chart: The decline in bitcoin price was associated with a sharp rise in the 24 hour trading volume, which reflects weakening of the bullish wave that has been dominating the market since the beginning of the month, as speculators and traders are closing their long positions to collect their profits. The BTCUSD 24 hour trading volume exceeded $373 million on Thursday, as per data from. Bitcoin price continued surging during the first half of last week’s trading sessions, to record a new historical high of $4,500 last Thursday, before the bears have taken over the reins of the market pulling price downwards to $3,904 on Saturday. ![]()
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June 2023
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