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Bitcoin. Bitcoin is approaching the level of 6400 USD

The Binance hack was quickly forgotten, after which the growth of Bitcoin resumed, which helped to overcome several important levels of resistance, which I paid attention to yesterday, and get close to a new maximum in the area of 6360.

Signal to buy Bitcoin (BTC):

Buyers will push Bitcoin around the highs of 6360 and 6520, where I recommend fixing the profits since after updating these resistances, a strong bearish divergence can be formed on the MACD indicator. In the scenario of reducing the cryptocurrency, you can return to purchases on the support test of 6070 or a rebound from the minimum of 5777.

Signal to sell Bitcoin (BTC):

Only the formation of a false breakdown at a maximum of 6360 will be the first signal to sell Bitcoin in order to return and update the support of 6070 and with an output of at least 5777, where I recommend fixing the profits. With further growth along with the trend, it is best to consider selling for a rebound in the region of the maximum of 6520.

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The material has been provided by InstaForex Company - www.instaforex.com