Bitcoin / TetherUS
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BTCUSDT 4H | Bitcoin market overview: Bullish

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Hello, dear subscribers!

In the previous review we reviewed the price movement of Bitcoin in the trading zone $11,200 - $11,900.
BTCUSDT 1D | Bitcoin market overview: Local downtrend

The price of bitcoin at that time was at the lower border of the zone. Bears failed to gain a hold below $11,200. As of today, the price of bitcoin is $11,900. The bulls are attacking the upper limit of the trading zone. If they succeed in getting a hold of more than $11,900, their next target will be $12,300. The price of the bitcoin on the 4-hour chart is in an uptrend, MACD and RSI indicators confirm a trend.

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