[Updated at 13:30 on 04/12/2024]
BTC
The price is being held steadily above the Support line.
Additionally, the price has touched Resistance multiple times within a short period (4 times/8 days) => the possibility of breaking through Resistance may occur => This is a common price behavior in terms of Technical Analysis.
To continue the upward momentum, BTC needs to create a High-Low pattern on the 4-hour chart to have a reasonable bounce.
Target price: 110000