BTC/USD is moving sideways as the coin establishes a cross above $41,000 but currently rebounding to cross above the 9-day moving average.
However, the daily chart reveals that if the king coin crosses above the 9-day MA, this will confirm the next direction that the coin will follow.
At the time of writing, the technical indicator Relative Strength Index remains above the 40-level to indicate a bullish movement.
According to the 4-hour chart, the Bitcoin price is seen within the 9-day and 21-day moving averages as the technical indicator Relative Strength Index may cross the 50-level.