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BTCUSD long view

Long
BINANCE:BTCUSD   Bitcoin
Following the chart in the four-hour time frame, we see that Bitcoin has made a break above the falling line of resistance, climbing to the current $ 59,000. It looks like we're going to test the $ 60,000 level for Bitcoin again. Moving averages are on our bullish side, and based on them, and we can conclude that the continuation of the bullish trend is evident in the coming period. We need a break below the moving average for the bearish trend and a drop below $ 56,000 to make us think about it more seriously.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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