Bitcoin kept moving up to 52k high past 24hours. Bitcoin touched 100hourly simple moving average the resistance level with the trading price of 52k. Bitcoin was breaking out the yellow trendline to move up to 52k and bounced back to 47700 the Fibonacci 61 minor swing; the Stochastic RSI 1h timeframe oversold zone confirmed. As of now, Bitcoin touched the horizontal line support level, it will probably pump up to 53k. This is what I am expecting. For long-term trading investment, I don't close my Buy position either sell my coin as the market is stable and moves up steadily and surely. However, the market is in correction, maybe it will form a DB. As of now, I don't see a buy confirmation yet at least SMA 100 will be broken before the Bull rally. So, I Keep holding and maximizing my investment. Happy trade everyone.
