Technical analytics



Bitcoin continued its consolidation phase and spent Tuesday at 4000. MACD remained unchanged in the positive area. Stochastic continued moving lower. The crypto currency is above the moving averages. The EMA50 and the EMA100 are neutral, while the EMA200 is still moving downwards. The resistance stands at 4000, the support is at 3800.

Bitcoin is likely to remain neutral in the coming sessions.