【BTC Analysis】#BTC has finally filled the gap, what's next?
① Good things come to those who wait; BTC has finally climbed to 81500, filling the gap on CME, reaffirming the high certainty of CME gap fills.
② Currently, BTC faces a resistance line on the weekly chart at 83550. We might see a brief pullback here, but I believe the bull run in Q2 isn't over yet. 83550 acts as a weekly resistance and will likely face some pressure. If we see sideways movement or a tight consolidation, that's a sign of a strong trend. This resistance could very well be a fuel station for a potential short squeeze.
③ If we break through the weekly resistance, BTC will enter a rapid uptrend. I think we'll at least see it around 89000, with a good chance of hitting 91500-93500 as a phase peak. $BTC
① Good things come to those who wait; BTC has finally climbed to 81500, filling the gap on CME, reaffirming the high certainty of CME gap fills.
② Currently, BTC faces a resistance line on the weekly chart at 83550. We might see a brief pullback here, but I believe the bull run in Q2 isn't over yet. 83550 acts as a weekly resistance and will likely face some pressure. If we see sideways movement or a tight consolidation, that's a sign of a strong trend. This resistance could very well be a fuel station for a potential short squeeze.
③ If we break through the weekly resistance, BTC will enter a rapid uptrend. I think we'll at least see it around 89000, with a good chance of hitting 91500-93500 as a phase peak. $BTC