Analysis for 2020-05-25
OKEx Utility (OKB) The conservative area for buying of BITCOIN is located near the lower border of the Bollinger Bands indicator strip at 2580. The abolition of the continuation of the growth of the BTC/USD cryptocurrency will be a breakdown of the moving average region with a level of 55, as well as the lower boundary of the Bollinger Bands indicator bars and the closing of BITCOIN quotes below the area of 2530, indicating a trend change to bear on the BTC/USD. In the event of a breakdown of the upper boundary of the Bollinger Bands, it is expected to accelerate the growth of the cryptocurrency. BITCOIN BTC/USD trading at 2575.