🅱️ Bitcoin Short-Term 1H Timeframe

It looks like Bitcoin can continue straight up.

On the 1H chart, BTCUSDT is trading above all the moving averages.
The RSI is above 50 and the MACD just printed the classic bullish cross:


This as it moved back above 0 with the histogram going green.

The more a resistance level is challenged, the weaker it becomes.

Support can be found on the moving averages:

$27,700
$27,166
$25,950
$25,248

Namaste.