#Bitcoin has made a clear upward move, as seen in the daily and 12-hour candlestick charts. Expecting a retracing back to a support area for a retest, with expectations of continuing upward.
However, it's currently trading below the Ichimoku cloud. To boost confidence among buyers, Bitcoin needs to climb above this cloud.
On the other hand, there's a lot of activity on the blockchain, showing that the market is handling the pressure well.
Stay tuned for more updates
DYOR, NFA
