$BTC Bitcoin seems to have support at the previous low of 81000, which aligns perfectly with the 20-period moving average on the 4-hour chart. If we can close above 81500 after 4 PM, we'll be holding above the 20 MA on the 4-hour, and I'm bullish from there, targeting 97900.
$BTC The weekly and daily candlesticks are still showing strength. The daily chart's 20 EMA has crossed above the 120 EMA, confirming a bullish trend without a doubt. The key question is, where will it pull back? Perhaps we can only make a conclusion when the daily candles show a top structure, but at least the probability of reaching 85300 is definitely significant.
Leon-M
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$BTC Looking at the weekly chart, Bitcoin has already broken through the downtrend line, and the weekly candlestick still shows no bearish signals. Today's pullback feels more like a retest of the 0.236 support level. The next target is likely the 0.382 level, around 85300. Let's wait and see.
$BTC Looking at the weekly chart, Bitcoin has already broken through the downtrend line, and the weekly candlestick still shows no bearish signals. Today's pullback feels more like a retest of the 0.236 support level. The next target is likely the 0.382 level, around 85300. Let's wait and see.