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Bullish Bitcoin Outlook [4H Chart]

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After BTCUSD price found support for the second time on our ๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐’๐ญ๐จ๐ฉ ๐‹๐ž๐ฏ๐ž๐ฅ๐ฌ at $65,241, $BITSTAMP:BTCUSDquickly shot up to $66,429, where the 'Period 1 Analysis' level is on our ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐’๐ก๐ข๐Ÿ๐ญ๐ฌ.

With the price rapidly increasing after hitting strong support, surpassing the level identified in our 'Period 1 Analysis', it suggests that the market is turning bullish again after nearly two weeks of decline. The next key level for BTCUSD that bulls aim to reach is $68,193, as indicated in our 'Period 2 Analysis'. Surpassing this level would strongly signal a broader market shift.

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