#BTC

#BITCOIN

The price is moving in an ascending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards

We have a bounce from a major support area at the lower line of the channel at $6200

We have an uptrend on the RSI indicator which supports the upside

We have a trend to stabilize above the 100 moving average which supports the upside

Entry price 62200
First target 64800
Second target 66800
btcethbtctrendBTCUSDBTCUSDCBTCUSDTbtcusdtlongBTCUSDTPERPbtcusdtsignalChart PatternsTechnical IndicatorsTrend Analysis

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