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BTCUSDT 4H | Bitcoin price overview: Bears were defeated

Long
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
CatalystsFinance  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTCUSD BTCUSDT LONG binance
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trendanalysis chartpattern indicator bitcoin btcusd btcusdt long binance
Last night, the bulls beat back a $6,400 bear attack. In the morning they managed to develop the offensive and the price overcame the resistance of $6950, showing a maximum of $7,147 and went beyond the upper bound of the descending channel.
Currently, the bitcoin price is about $7,000. Buy signal from $6,950 with targets of $7,200 - $7,400 is formed on the chart. The MACD indicator also indicates a potential uptrend.

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