Bitcoin price is moving in an upward trend on the 4-hour frame since the beginning of the month
The price is strongly adhering to the trend line. Now we have a slight breakout downwards. We are waiting for a rebound from it upwards and a 4-hour close above the trend to confirm the rise and respect the trend
We have so far stability above the 100 moving average, which supports the possibility of rising
We have a retest of the broken downtrend on the RSI indicator Which gives a selling saturation and increases the chances of rising
Current price 66320
The target of rising on two targets The first target is 68000 The second target is 69800
The model is canceled in the event of a 4-hour candle closing below 65000
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