According to Coinstats, the Bulls are back in the game today.
BTC/USD
Bitcoin (BTC) prices have risen 0.14% since yesterday.
On the hourly chart, BTC rates continue to look bullish as local resistance is close to $113,229. If a breakout occurs, the upward movement could last for $114,000.
In the long time slot, I accidentally broke out yesterday’s bar being low.
If the daily bar is far from that level, the Bulls could potentially return to the game.
There are very bullish drawings on the weekly charts. If weekly candles are closed below current prices, you’re likely to see tests in the $108,000 range by the end of the month
Bitcoin is trading at $112,934 at press time.
