BTC BREAKING OUT?The 4-hour Bitcoin chart is looking increasingly constructive.
Price is holding above both the 50 MA and 200 MA, confirming them as support. A golden cross—the 50 MA crossing above the 200 MA—looks imminent, which would add fuel to the bullish narrative.
We’re seeing a clear series of higher highs and higher lows since the bottom, which was predicted by bullish divergence on oversold RSI. Price action has consolidated into a clean bull flag, mirrored by a similar pattern on the RSI. RSI has already broken above its descending resistance and is retesting that breakout level—this often precedes a breakout in price.
Momentum is building, structure is clean, and the setup is leaning bullish.
