Hello dear friends!
Last week, Bitcoin ended and closed with a decrease. However, after observing the 4-hour chart, we can see that the current main trend of BTC is still in the ascending channel and the price is still above the 2 lines of 34.89, indicating the potential for continuation without any significant reversal. Therefore, the decrease of BTC may just be a cushion for the price increase in this week’s trading session.
At the time of writing this article, BTC continues to increase around the price level of $63,000 and the next upside target will be $64,000 – $68,000.
Good luck everyone.
