$BTC BTC (four-hour chart). On the pullback, buyers managed to keep the price above the trading level of $104,300, which was considered a key condition for the continuation of growth towards $107,000. Bitcoin broke through the resistance of $106,000 and the upper boundary of the Ichimoku Cloud, above which the asset is consolidating at the time of this review. This is a sign that the medium-term trend is beginning to turn bullish. The OBV indicator, although in a downward trend, is transitioning to a flat and has crossed the EMA 21, which also indicates a strengthening of buyers' positions.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.