📝 Situation Analysis: From Confirmation to Consolidation
Family! Good morning. Yesterday we were clear in our bunker advice: "...the newspaper just confirmed the character change." End of quote.
Upon seeing today's graphs, we not only reaffirm that action, but we also see how the market is "breathing" healthily to assimilate the movement. There is no room for doubt: the bulls are in control.
📉 1. Daily Chart (1D): The Battle for the EMA 9
Look at today's capture (7:58 AM). Bitcoin shows a red retracement candle (-1.95%) bringing it to $71,473.96.
The Clinical Eye: This pullback is surgical and necessary. The price went to seek the exact test of our EMA 9 ($71,051.24). Upon touching it, we saw immediate absorption (the lower wick of the candle), confirming that there are buyers defending that level.
Power Indicators: The RSI (56.87) has dropped from the overbought zone, cooling down healthily to allow for more upward movement. The MACD histogram shows increasing green bars, validating the bullish momentum.
🐘 2. Monthly Chart (1M): The Macro View
The monthly outlook (Capture 2) is where the true structure is seen:
The Bottom Consolidation: After the bounce from $60,000, the current candle remains strong.
Monthly RSI (32.51): This is vital. On a monthly level, Bitcoin is "cold". We have a huge upward space before the market overheats. Whales know this, and that's why they are defending $71k on the daily.
⚠️ THE NEXO VERDICT: What will be the next reaction?
Gentlemen, the character change is ratified. The reaction we are seeing today is a healthy profit-taking and a test of confirmed supports.
The Next Play:
Defense of $71k: As long as we stay above the EMA 9 ($71,051) and EMA 21 ($70,062), the bunker remains 100% bullish.
Target: Overcoming today's red candle ($73k) will open the direct path to seek the ATH (All-Time High).
Accurate Information: Do not sell out of fear of this $1,000 pullback. It is the market giving us a better entry or confirming the strength of the support.
I TOLD YOU OR DID I NOT TELL YOU! EPIC! 🚀
💬 Key question:
"Yesterday we confirmed the character change, and today Bitcoin is doing a surgical test on the EMA 9. Are you one of those taking advantage of this pullback to accumulate more or one of those still doubting the bullish strength? I read you in the comments of the bunker! 👇"