Good morning my fellow cryptocurrency traders, how is Bitcoin looking up today?
We have the short-term chart, 1H timeframe, with a positive outlook.
- We have been seeing higher lows within an ascending channel.
- BTCUSD 1H managed to break and close above the MA200 black line.
- We have a strong RSI and bullish MACD.
- Prices remain safely trading above EMA10/EMA21.
The bulls stay ahead.
We continue aiming at higher prices, slow and steady so far.
The dashed blue line and spaces marked on the chart are for support.
Namaste.