The bulls seem poised to sustain growth as most coins are rising.
BTCUSD
Bitcoin (BTC) is one of the slowest growing coins, up less than 1%.
Despite the surge, Bitcoin (BTC) is returning to the $20,463 support level. If the bulls cannot sustain the growth, there is a strong possibility that it will fall below the mentioned level tomorrow.
On the daily timeframe, Bitcoin (BTC) has been fixed in the bullish zone, which means that the upward move could last for a few days.
In that case, traders could see a return to the $21,000 zone and above.
A similar situation can be seen on the weekly chart; However, you have to wait until the bar closes. If the close occurs above the $20,500 level, the coming week could also turn bullish for the leading cryptocurrency.
Bitcoin is trading at $20,604 at press time.
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