#BTC/USD Quick Update 4H-Frame S & R Chart Update The | Crypto Experts
#BTC/USD Quick Update 4H-Frame S & R Chart Update
The Crucial Bull Support area held the line strong. #Bitcoin went up exactly to the mentioned resistance level at 48500$ and is confirming the breakout with bullish daily candles. As you can see in the daily chart, We are moving inside a new ascending channel now. If we can't break the 48500$ resistance fast, we may see a correction to retest the first major supports area at about 46500$. We need more long-term confirmations and also a weekly close to can have an accurate TA analysis.
The #fear is disappearing from #market after this pump, New buyers may come day after the day and we're so close to a great new Alt-Season.
Next Target : +50 000$ ( If we close 1D upper of 48 200$
