The world’s leading cryptocurrency shows some signs of both bearish and bullish momentum at the same time. The hourly Bitcoin price charts don’t always look too promising, yet the overall uptrend has not relented by any means. A push to $5,400 is very plausible at this time, albeit it will require a bit more effort by traders to make it happen.

Bitcoin Price Continues its Ongoing Uptrend

Over the past few days and weeks, there has been a notable momentum shift where Bitcoin is concerned. After finally reclaiming $4,000, $4,500, and $5,000 respectively, traders started to get excited. Now that BTC remains above $5,200 without too many problems, that excitement seems to intensify, for obvious reasons.

Today’s momentum will keep traders excited. Although there is just a 0.8% Bitcoin price increase to $5,327, the current momentum confirms the uptrend hasn’t been broken by any means. Some of the hourly BTC charts don’t look overly promising but no real damage has been done so far. As long as the trading volume remains…

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Source: https://themerkle.com/bitcoin-price-inches-closer-to-5400-and-beyond/