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1.14 Wednesday Bitcoin and Ethereum Morning Analysis
Bitcoin breaks through the key level of 96,000! The bulls are strong, and it’s best to operate with the trend.
Today, Bitcoin shows a significant upward trend, starting from the 91,000 region and rising straight up, successfully breaking through the important resistance level of 96,000 with outstanding gains.
Four-hour technical indicators show a strong upward momentum, with Bollinger Bands opening upward and expanding, remaining above the upper band, with the middle band moving up to form an ascending channel. Support levels below focus on 92,000 and the middle Bollinger Band.
Bitcoin around 94,700 looking at 96,500
Ethereum around 3,300 looking at 3,400