Hey friends, hope you are well, and welcome to the new update on Bitcoin.
On a daily time frame, the price action of Bitcoin is moving between $41500 resistance and $30000 support levels.
On the 4hour chart, the price action of BTC has broken out the bullish pennant and now re-testing the resistance as support. There are also 50, 100, and 200 SMAs supports.
https://www.tradingview.com/x/znJXbSms/
The Bollinger bands on small time frame 4-hour chart is in uptrend.
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On long-term chart, the price action is breaking out the long resistance line from 2013 to 2021.
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