Bitcoin’s short-term and underlying trends are strongly bullish. Traders should consider long positions while the price remains above a specific level. The target resistance levels are provided, with a break above the first potentially fueling further momentum. Short-term corrections are possible due to overbuying, but not recommended for trading. Technical indicators support the bullish sentiment, with minor bearish signals. A bearish opening and new lows were detected on weekly timeframe, but overall momentum is strongly upwards. Pivot points are provided for price targets. Technical indicator values are listed and a bullish Japanese candlestick pattern was detected.
BITCOIN – BTC/USD – 15 min.
