#BTC Update 1h & 4h


#BTC has had a good bullish move during the last days and has made the support at $28000-$28200 in 1h timeframe. $28800 acts as our resistance in this timeframe.


In 4h timeframe, the condition is better and we are about to break $28500 which was a resistance in this timeframe.

Tillson and Kernel are green in 4h with an increasing slope but in 1h we are ranging between the local support and resistance zones and it's red.

We think for now #BTC has a solid condition in high timeframes and another attempt for 28800 would be probable this week.


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BTC Update:

The Great Wall has finally broken after months and as we said before with the 33k break we can hope that WINTER is coming to an end.

We are getting closer to Bitcoin halving and as we said last year the market will go up. A few days ago, an attempt was made to break 38,000, but it was unsuccessful, it is unrealistic to expect 40k to be broken quickly, and we need accumulation so that the indicators cool down a little in the high time frames.

In the 1-hour time frame, we have the local resistance of 36,600-36,800 in front of us, which will be broken soon if the volume remains the same as the previous days. 36000 is our local support and the next major support sits at 35,400.

In the 4-hour time frame, 37,000 resistance is ahead and the biggest support is at 35,000-35,200. Kernel and Tillson are red on both time frames and price is hovering below them.

It is not possible to give a definite opinion about the next big movement of Bitcoin, but we don't think 35k would break easily