The pressure of sellers is decreasing and on the other hand the pressure of buyers is constant so breaking the resistance line (3500 $) and keep going uptrend is more possible. for touching 42000 $, Bitcoin needs to close its candle above 3500 $ in 4hr time frame otherwise it has to retest MA50.
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35000 broke and keep going for next target: 37500 $Related publications
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.