Bitcoin is beginning to see some pretty decent short term strength… 👀 After losing the 200EMA a few days ago on the 4H timeframe, price has been continuously attempting to reclaim the level, but has faced multiple rejections until now. Not long ago we have JUST seen our first 4H candle break through the 200EMA with some solid strength, signalling what could be the beginning of a new short term rally. It is still too early to tell if this rally will continue on the HTF charts, as we have yet to even see if the 4H candle closes above the level. If we see a close above the 200EMA, we must keep a CLOSE eye on the $78k-$78.5k level and see how price reacts, whether we see rejections or continuation higher… Keep a VERY close eye on these charts…