BTCUSD is still trading within the 6,430 - 6,750 4H range and since Thursday on an even tighter lower support of 6,510. Naturally, the 6,350 - 6,845 1D Rectangle (RSI = 54.347, STOCH = 53.104, ADX = 17.928) remains valid, extending the longest consolidation phase of Bitcoin in 2018. The volume remains low (< 10K). which makes BTC still a solid scalping option, but on the longer term remains bearish on 1W Falling Wedge (MACD = -658.00, B/BP = -363.79.43). The TP set is intact: 6,300, 6,100.
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