Bitcoin seems to stay bullish after the minor correction during the last days.
There has not been a confirmation signal yet on the 1h timeframe but market situation leads to a clear bullish picture (green line)
The other possibility is a test of the 4400 USD level followed by another minor correction (blue line)
Chart shows the estimated timerange. RSI is currently neutral but touched the oversold area some hours ago.
Traders should wait until the price broke out through this 4.4K resistance
There has not been a confirmation signal yet on the 1h timeframe but market situation leads to a clear bullish picture (green line)
The other possibility is a test of the 4400 USD level followed by another minor correction (blue line)
Chart shows the estimated timerange. RSI is currently neutral but touched the oversold area some hours ago.
Traders should wait until the price broke out through this 4.4K resistance
performed much better than expected
next analysis this evening