BTCUSDT 4H | Bitcoin price overview: Bears were defeated

BINANCE:BTCUSDT   Bitcoin / TetherUS
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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