CandleFocus

Bitcoin Rises Above $90,000 Again And Continues To Rise

Author: Content Editor
The price of Bitcoin has fallen below the $90,000 support but is on its way to recover above the 21-day moving average. If the bears push it below the moving average line, the current uptrend could end. However, as long as it remains above the moving average lines, Bitcoin is expected to rise, with buyers aiming to push it above $100,000 and potentially up to $115,000. On the 4-hour chart, Bitcoin is currently bearish but showing signs of recovery. The resistance levels are $80,000 and $100,000, while the support levels are $70,000 and $50,000. It's important to note that this analysis is the personal opinion of the author and not a recommendation to buy or sell cryptocurrency.

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