On the hourly chart, the price has bounced off the local support level at $22,883, which means that buyers are not going to give up. If the rise continues to the $23,000 mark, one can expect the breakout of the resistance at $23,087 tomorrow.
On the daily chart, the situation is mostly unchanged. The price of Bitcoin keeps trading in the channel, accumulating power for a further move.Traders can expect the next wave of growth if the candle fixes above the resistance at $23,362. Only in that case, the midterm growth can continue. On the bigger chart, one should pay attention to the same mark of $23,362. In case a false breakout of it happens, there is a possibility to expect a fall to the nearest support zone of $22,000. Such a scenario is relevant until mid-February.
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