a lot of good upward movement in the past few days gave good momentum for the broader crypto market as well.
Seen here on the daily chart Bitcoin has reached its uptrend line it broke out of a little while back. Very often it gets rejected when trying to get back into that zone. Currently around the ema 9, there might be a good chance that buyers will come in around these levels (44-45K) also nice support levels from previous move.
This may happen even over the weekend as we have seen big moves occur often on the weekends. Looking for big volume pushing it up over the upcoming days and if succeeds to break back into the uptrend zone (above the 50K) then I think we may be seeing a nice new run towards new all time high levels within the next weeks.
Seen here on the daily chart Bitcoin has reached its uptrend line it broke out of a little while back. Very often it gets rejected when trying to get back into that zone. Currently around the ema 9, there might be a good chance that buyers will come in around these levels (44-45K) also nice support levels from previous move.
This may happen even over the weekend as we have seen big moves occur often on the weekends. Looking for big volume pushing it up over the upcoming days and if succeeds to break back into the uptrend zone (above the 50K) then I think we may be seeing a nice new run towards new all time high levels within the next weeks.