BTC bounced from the daily support.
Bitcoin formed a bullish engulfing candle (a candle that covers the losses of the previous candle).
The resistance remains the same and BTC needs to break $50,500 to go towards the $53,000 area.
A daily candle close above $49,500 is bullish.
Very strong daily closing! The previous day's dump was engulfed, so there might be a bullish continuation during this weekend!
Bitcoin formed a bullish engulfing candle (a candle that covers the losses of the previous candle).
The resistance remains the same and BTC needs to break $50,500 to go towards the $53,000 area.
A daily candle close above $49,500 is bullish.
Very strong daily closing! The previous day's dump was engulfed, so there might be a bullish continuation during this weekend!
