Slowly but surely Bitcoin is moving according to our yesterday prediction, and the quotes are already located above $8,250.
On the 4-hour timeframe it can be seen that the price got out at the same time from the downward channel and side channel. Thus, two bullish signals appeared at once and, as a result, the price managed to consolidate above $8,100.
The next immediate goal should be a mark of $8,400. However, a major obstacle on the way to it can be the MA 100, which is currently passing through the $8,188 mark. The role of support is designed to play a rising trend line, as well as the level of $7,910.
On the 4-hour timeframe it can be seen that the price got out at the same time from the downward channel and side channel. Thus, two bullish signals appeared at once and, as a result, the price managed to consolidate above $8,100.
The next immediate goal should be a mark of $8,400. However, a major obstacle on the way to it can be the MA 100, which is currently passing through the $8,188 mark. The role of support is designed to play a rising trend line, as well as the level of $7,910.
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