BTC IS BREAKING OUT BUT NEED TO HOLD THIS LEVEL.

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#BTC/USDT ANALYSIS

BTC is still trading above the triangle but the previous candle close does not give such bullish vibes. Leaving a long wick to the upside which is not good at all but as long as BTC trades above $40.5k we are fine.
MACD crossover is showing bullish momentum.

Let's see how the market reacts in a few hours.

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Commentaire:

#BTC is making this Bullish Flag Pattern in the 4H timeframe just we have to wait for a sustained breakout above the upper resistance of this bullish flag to further confirm its bullish move.