Bitcoin technical analysis. BTC-USD on February 12, 2019February 12, 2019
Despite the visible bullish figure on a 2-hour scale, the larger market is very neutral. We have good support around 3450 (Bitmex) and very significant resistance slightly above the 3700 (Bitmex) mark. To determine the future direction of the market, we need to go beyond the current flat, in which we have been stretching since January 10. On a more global scale, it is now difficult to predict whether we will go to previous heights or will strive to get new lows, with the current volatility we can continue to move for a long time at current levels.