ZB Market Research Report: Bitcoin's Bullish Momentum Continues

Bitcoin's bullish trend is currently still valid on the 4-hour chart, according to ZB Market Research. This is because the candle prints higher and lower than the support to continue the wider movement. From a market indicator perspective, the RSI is still showing positive growth. If the support of $ 50,139 is confirmed during the first trading session in the Asian market, the bull would have to break above $ 53,121 for the trader to open a long position at that price. Bitcoin is now in a position to reevaluate its first goal of $ 55,818 and, if there is a further increase, it will attempt its second goal of $ 58,027. In addition, the report also conducted an analysis of XRP and SUSHI. Please refer to ZB research data for more details.