According to CoinDesk analyst Omkar Godboul, in the coming days, the price of the first cryptocurrency will finally be able to test an important mark of $ 6000.
During the day Bitcoin grew by 6.2% . The price managed to touch the mark of $ 5796 (Bitstamp Exchange), corresponding to the values of the second decade of November last year.
It is noteworthy that at the Bitfinex exchange, the price of BTC today peaked at $ 6145. Such a big difference with other exchanges may be due to the continued outflow of funds from this trading platform – it is possible that many Bitfinex users buy Bitcoin at any price and withdraw money in a hurry.
Currently, there is some correction in the Bitcoin price, which is likely due to a strong overbought:
Hourly BTC / USD exchange Bitstamp from TradingView
Daily schedule
The BTC / USD chart of Bitstamp from TradingView
The graph above shows that the 30-day moving average perfectly fulfilled the role of long-term support. Today's price bounce from MA 30 multiplied by bearish divergence of the RSI indicator by zero. Bullish sentiment is also signaled by the Chaikin Money Flow indicator (yellow histogram).
However, on the way to the mark of $ 6,000, the price may encounter two serious levels of resistance – $ 5,780 (lower value of June 2018) and $ 5,880 (the "bottom" of last August).
Weekly schedule
The BTC / USD chart of Bitstamp from TradingView
The price has broken MA 50, which is currently passing through the $ 5418 mark on the higher timeframe. The bulls need to keep the price above this level for some time, otherwise a pullback to the level of $ 5000 is very likely.
Recall the capitalization of BTC exceeded $ 100 billion , corresponding to the values of November last year.
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