Bitcoin breaks decisively above EMA55 & EMA89 4H TFBitcoin / TetherUSBINANCE:BTCUSDTMasterAnandaLadies and gentlemen, we have a major positive start to the day as Bitcoin is now breaking the two resistance levels that previously produced several rejections, EMA55 & EMA89; we've been tracking these. Today, Bitcoin is making a move above the November 2021 all-time high price, $69,000, and also above these two oscillators which we visited recently. Only two additional barriers remain for a local uptrend to be fully confirmed. These are: ›› A price tag of $70,800 —the upper boundary of the wide, unbreakable long-term support; & ›› A price tag of $72,271 —the 8-Feb. high and the highest price since the market crash. Once Bitcoin moves and closes above these levels, the bullish bias is fully confirmed. If Bitcoin were to fail moving and staying above these levels, the bearish bias would strengthen and become that much stronger, thus the red line on the chart. Based on the close of the last 4H candle, the bears have the upper-hand. The main resistance levels remain unchallenged. As long as Bitcoin trades below, we can expect a bearish resumption ending in a lower low. Namaste.