Technical analytics



Bitcoin got under intense selling pressure on Thursday. Sellers moved the crypto currency to the 6200 level and lost strength after that. The spot spent the whole day and the night in this region. The EMA50 and the EMA100 started to move lower. The EMA200 just started to change its course. MACD remained in the negative area. RSI is oversold. The resistance stands at 6600, the support is at 6200.

Bitcoin will either stay in the 6200 region, or will recover to 6300 in the coming sessions.

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