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.
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.