Bitcoin 1H Daily Update | Bulls Still Ahead, Patience

2022年1月16日

We are looking at the 1H timeframe for Bitcoin, where we share our short-term trading ideas.

We can see that the bulls are still ahead.
This is an update to my previous 13-Jan. article.

After the 13-Jan. peak, Bitcoin hit a new low (higher low) on 14-Jan.

The main low came out 10-Jan. These are all marked with green circles.

The MACD has entered the bullish zone and the RSI is strong.

MA200 was tested as support twice and it holds.

The Bulls Are Still Ahead.
Short-term.
Patience is key.

Namaste.