ביטקאָין פּרייַז אַנאַליסיס: בטק ריווערסאַז געשווינד, קערט העכער $ 46,000

TL; DR ברעאַקדאָוון

• ביטקאָין פּרייַז אַנאַליסיס איז בייסיקלי הייַנט.
• BTC/USD retraced to retest previous highs as support yesterday.
• A strong rally began during the second half of the day.

Bitcoin price analysis is bullish today as we have seen a quick retracement to $45,000 from previous major resistance, with a quick reaction higher so far. Therefore, BTC/USD has set another higher local low and is ready to test further upside over the weekend.

The market has turned bullish over the last 24 hours as recovery is seen across the board. The market leader, Bitcoin, has gained 0.18 as the previous loss has been regained, while עטהערעום has increased by 2.4 percent.

Bitcoin price movement in the last 24 hours: Bitcoin sets another higher low

בטק / וסד טריידיד אין אַ קייט פון $ 44,403.14 - $ 46,616.24, ינדאַקייטינג שטאַרק וואַלאַטילאַטי אין די לעצטע 24 שעה. די טריידינג באַנד איז געוואקסן מיט 35.36 פּראָצענט, טאָוטאַלינג $ 44.465 ביליאָן, בשעת די גאַנץ מאַרק היטל טריידז אַרום $ 884.5 ביליאָן, ריזאַלטינג אין מאַרק דאַמאַנאַנס פון 41.46 פּראָצענט.

בטק / וסד 4-שעה טשאַרט: בטק גרייט צו פאָרזעצן העכער?

On the 4-hour chart, we can see a strong push higher over the second half of the day, indicating bullish momentum returning in the market.

Bitcoin price has seen a strong spike higher early in the week leading to the $48,000 next major resistance. Previous major swing highs around $45,000 – $46,000 were broken without much hesitation, indicating strength in the overall market structure.

During the middle of the week, BTC/USD consolidated as bearish momentum slowly returned. Ultimately, quick retracement followed yesterday, leading to the retest of the previous resistance area as support around $45,000.

However, the bearish momentum did not follow for long as a strong reversal began over the second half of the day. Bulls have already pushed above $46,000, with further upside leading to $48,000.

ביטקאָין פּרייַז אַנאַליסיס: מסקנא 

Bitcoin price analysis is bullish today as we have seen a strong higher high set around $45,000 and further upside since then. Therefore, BTC/USD is expected to see further upside over the weekend, likely leading above $48,000.

בשעת ווארטן פֿאַר ביטקאָין צו מאַך ווייַטער, זען אונדזער אַרטיקלען אויף וועב3 סטאַרטאַפּס, סטאַקינג ענדזשין קאָין, און ווו צו קויפן XRP.