TheMentalTrader

$BTC #BITCOIN to $11k according to technical analysis

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
hello everyone and welcome to another analysis on #bitcoin $BTC BTCUSD as you can see on the chart above bitcoin is on an ascending channel on the 4 hour time frame and that is a BULLISH pattern which could take us all the way up to $11000 if BTC breaks the upper resistance at $10150

also we have an RSI and MACD histogram bullish divergence on a 4H time frame. And that is a bullish sign!
recently we held the 9550 support quite well and BTC needs to hold that support in order for the bullish scenario to happen.


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