Bitcoin price formed a solid support near the $3,560 level and moved higher against the US Dollar.

There is a crucial bearish trend line in place with resistance near $3,850 on the 4-hours chart of the BTC/USD

Bitcoin price is showing positive signs above the $3,500 support against the US Dollar. BTC/USD could accelerate gains once there is a break above $3,800 and $3,850.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.