$BTC Update: Will buyers push the price higher?

The 4H chart shows that BTC was moving inside a triangle and has now broken above the descending trendline. Currently, the price is holding right at the 4H 50 EMA level.

If the retest is successful and the price stays outside the triangle, we could see a strong momentum move toward the bearish order block (the red resistance zone marked on the screenshot below).

BTCUSDT

Διην.

64,398.8

+0.97%