What a Beauty!
The BTC market continues to hold its bullish momentum on the 4H chart. It first entered bullish momentum on November 6, when trading at $74,367, and has since risen to $99,660, gaining an impressive 34%. If BTC maintains this momentum for the next two days, it will complete one month of bullish momentum.
Currently, the BTC 4H chart is exhibiting sideways trends with bullish momentum.
Here’s the current scenario:
- Support Level: $91,553
- If the 4H chart closes above the ATH of $99,660, a new support level will be established.
- If the market breaks below the support level of $91,553, bearish momentum will begin.
- If neither of these scenarios happens, BTC is likely to maintain its sideways trend.
This is my 4H chart forecast. I will not provide updates if changes occur in the market. For those holding BTC, you can use this information as you see fit.
Thank You!