#Bitcoin #BTC #BTCUSD #BTCUSDT
We've been tracking Bitcoin on the 4H timeframe, everything continues to improve. The rising triangle remains intact and the chart is showing a series of higher lows. The bullish bias is starting to strengthen and bullish momentum is buildilng up.
There are two resistance levels mainly that are being challenged for Bitcoin to move toward $100,000. The first is $91,350 and the move today back above this level means that this barrier is no more. The next resistance is right around $94,500, with this level already being challenged multiple times in the past few days.
Since we see the higher lows and clear positive momentum, we can expect higher prices; this resistance will break next and Bitcoin is set to challenge $98,000 to finally trade close to 100K.
A slow and steady rise is possible and very likely. As Bitcoin continues to move higher, the altcoins market will become stronger. It is very likely that strong marketwide bullish action will happen this same month. Chances are incredibly high that we will see strong bullish momentum starting 15-December and moving forward.
The relief rally is in and fully confirmed. Additional growth and higher prices are definitely coming up next.
Thanks a lot for your continued support.
Namaste.
✅ Trade here on $BTC
