Bitcoin has found support at the critical $4,150 level where bulls have made a push and taken BTC up towards the $4,356 resistance level which will probably be broken within the next one or two trading sessions.

We've seen the most consistent bull volume since the last test of $4,472 resistance, and indicators are favoring a push upward to test this level again. The only question after testing $4,472 again is if bulls can hold and break it. Bull support at $4,150 forming a higher low as well as technical indicators on all longer charts are hinting that there might be a push upward again if the bears don't show up at the $4,472 level again.

Hourly indicators are showing overbought levels, so a pullback to $4,266 is likely. If BTC finds support after bulls cool off at this level, we should see enough energy and momentum to test $4,472. $4,547 is the resistance after that level, with $4,685 after. There's definitely no shortage of resistance levels for the bulls to face, but also plenty of support. Bulls broke the $4,266 resistance with minimal effort, so this potentially might not suffice as a support on the way down.

Plenty of excitement today, but trading is definitely favoring bullish momentum at the moment. Happy trading!

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