BTCUSD has made a support on the blue zone.
It did not hit our last target 5800 but still made some profit on a short trade.
This blue zone also happen on a support line of the red channel.
Follow the channel, we have a trade setup above.
Less is more!
Now it still on its slow pace to rise.
At the moment, Bitcoin chart shows multiple bullish candlestick patterns on the higher timeframe but is it enough to make a move upward?
Currently, it looks bullish and my bias stays bullish until we have not made a short-term lower low.
All the best!