According to Coinstats, so far, there have been no inverted signals.
BTC/USD
Bitcoin (BTC) prices have risen 0.62% since yesterday.
On the hourly chart, BTC rates are neither bullish nor bearish as they are far from support or resistance levels. In this case, sharp movements are unlikely to occur by tomorrow.
In a larger time frame, the prices for the main cryptos are in yesterday’s bar. That is, neither side has enough energy for further movement.
In this regard, sideways trading in the narrow range of $115,500 to $116,500 is likely to be a scenario until the weekend.
From a medium-term perspective, the photos look similar. Even if the weekly bar is closed around current prices, buyers may need more time to accumulate energy for further movement.
Bitcoin is trading at $115,767 at the time of press.
