Bitcoin's situation LONG OR SHORT

BTC has just perfectly held the level we have mentioned 1000s of times - 28'800 - and now looks to head towards the previously held support.

We are looking for Bitcoin to break above and backtest it as support before heading to the next resistance.

Btc is also showing classic bullish divergence on the 4h and Daily MacD.

Kommentar:

BTC Held support again today with a bullish engulfing candle on the 4h time frame. Looking good for upside.