Bitcoin / TetherUS

Short-term signal for Bitcoin growth

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Bitcoin price has broken through the upper border of the triangle and is now fixing above it. On the 4h timeframe, the Stochastic and RSI indicators show a clear bullish divergence, which is a signal for growth. We continue to wait for a reverse correction in the range of $10,750 - $11,000.

A good point to enter a position will be at the retest of the upper border of the triangle. We would advise to enter purchases in the range of $10,189 - $10,060 with targets near $11,000 (~ 8% - 9%).

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