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Bitcoinist
2019-05-07 07:00:35

Bitcoin Price Rally Will Continue, Bullish Weekly RSI Suggests

Bitcoin price is knocking on the $6,000 resistance and appears ready to run higher this week. Bitcoin Price: Market Overview Bulls are buying dips on Bitcoin and defending the ascending trendline even though over the weekend and early Monday BTC showed some occasional weakness on the 1 and 4-hour chart by dropping below the exponential moving averages. Generally, sentiment toward BTC remains bullish and a host of exciting upcoming events like Consensus and Fidelity Investments launchRead MoreThe post Bitcoin Price Rally Will Continue, Bullish Weekly RSI Suggests appeared first on Bitcoinist.com.