BTCUSDT 4H | Bitcoin market overview: Bullish
Hello, dear subscribers!
In the previous review we reviewed the price movement of Bitcoin in the trading zone $11,200 - $11,900.
The price of bitcoin at that time was at the lower border of the zone. Bears failed to gain a hold below $11,200. As of today, the price of bitcoin is $11,900. The bulls are attacking the upper limit of the trading zone. If they succeed in getting a hold of more than $11,900, their next target will be $12,300. The price of the bitcoin on the 4-hour chart is in an uptrend, MACD and RSI indicators confirm a trend.
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In the previous review we reviewed the price movement of Bitcoin in the trading zone $11,200 - $11,900.
The price of bitcoin at that time was at the lower border of the zone. Bears failed to gain a hold below $11,200. As of today, the price of bitcoin is $11,900. The bulls are attacking the upper limit of the trading zone. If they succeed in getting a hold of more than $11,900, their next target will be $12,300. The price of the bitcoin on the 4-hour chart is in an uptrend, MACD and RSI indicators confirm a trend.
Subscribe to the channel and stay with us!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.