In the early hours, the price fell off from the bullish trend
, and moved toward $3700, failing to keep up the momentum. No sooner did it plunge to $37200, the price took a curve to surge from this point. Sticking to the current motion, Bitcoin
might move up to $4000 and set a new high for the day, shortly. Failing to move further, the price may dip again near $3700.
A selling pressure as strengthening, however currently the MACD
is to intersect and RSI
is seen dropping to 54. So the second possibility of price dip is in handa for BTC