Today, I am looking at the bitcoin 4 Hour chart. It looks like price has approached a minor support level. There is a possibility for the price to continue its upward move.
The last candlestick is an inside day, which confirms the bullish outlook.
I am seeing as a potential target the level of 4600.
Secondary hypothetical price target could be the level of 5000, where rests the major resistance level. It is also a psychological level.
If the support level does not hold, I am expecting to see the price going lower to around 3700, where is the next support level.
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