You are right, the 4H and 1D graphic showing walking aside growing low due consolidation, bringing more Byers prices average next to higher values.
Crypto_Jobs
Jan 7
Bullish
$BTC - daily update:
Clean breakout above the 99,000 - 100,000$ key precedent support zone.
I see no weakness in the trend yet,
As long as prices keep consolidating here, we may see a green market soon! #alts 📈
As mentionned in my medium term view, consolidation phase far above weekly / monthly support often lead to a trend continuation. The weekly view remain also pretty bullish, the 90,000$ zone clearly marked a local bottom!
Hence, prices could continue to move upward toward 120,000$ and more!
💡Note: prices could keep consolidating for a while, bulls must break above 105,000$ on the weekly before to see another FOMO on the market!
Key support to be maintained on the daily candle: 99,800$ and 98,000$
#Bitcoin❗ #BTC☀️ #bitcoin
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