BTC Finds Higher Support
BTC is finding support after a slight dip over the last few days. BTC found strong support above $59k over the weekend on the four-hour chart. MFI has started to trend upwards and so has momentum and the EMAs of the MACD. This has resulted in BTC continuing its achievements of higher highs and higher lows.
The daily candle chart is also showing signs of continued growth. The MFI is attempting to find support after BTC’s downtrend, however momentum from the MACD is fairly neutral and is looking like it could swing in either direction.