#BitcoinHashRateSurge

*DISCLAIMER*

This post mainly about my POV/personal opinion regarding $BTC . Please don't blindly follow and make sure make your trade after carefully analyse the market and follow your own trading plan.

Based on the chart on 4 hour time frame, we can see price for $BTC surge up for last week, looking for significant key level. Price fall to level 91,267 last week and bounce back up after rejecting previous key level. Price surge to level 97,160, trace down a bit then break the key level.

Price then break another key level at 98,669, surge up to next key level. Now price approaching key level of 99,929 and usually price will first make a rejection when in first touch any key level, unless it in strong momentum mode.

Based on the chart, price may retrace down to previous key level at 98,669 before continue bullish. The recent key level hit at 99,929 were previously tested before, therefore increase the chance of price to break that level to find next key level up.

For me, we can still aim for bullish in long term but we can entry short on retracement down for now.