Bitcoin is in an uptrend on the 4-hour chart and has broken out of its downtrend
It is currently facing resistance at $27,221
If we break the key resistances, we have $28,400 and then $30,000
It is currently facing resistance at $27,221
If we break the key resistances, we have $28,400 and then $30,000
Trade active:
As you can see, Bitcoin is in its upward trend according to the chart, and after meeting the support level of $27,200 and the Fibonacci resistance and support levels that we have drawn, it is ahead, and currently this technical analysis is valid.