Bitcoin Short-Term (Aims Higher)

Notice the light blue/red dashed line on this chart...
This is our support level.

Notice the black descending trend-line...
This is our resistance.

Yesterday Bitcoin moved to challenge our resistance and was rejected.

Today we see a bounce at support.
This same support level has been holding for the past 10 days.
It was tested 3 times before and every time Bitcoin bounced.

Now we see BTCUSD moving above EMA50 and EMA100 on this timeframe (1H).

You can see the next target mapped on the chart.

Namaste.