BTC
71,472.46
+3.75%
Bitcoin just pulled a massive "V-rebound" on the 4H chart! 📈 After testing the local low at $67,360, the king is back, aggressively breaking through the EMA(7), EMA(25), and most importantly, the EMA(99) at $70,326. 📊
The market is showing a huge volume spike, signaling that bulls are absorbing the supply. Although the order book shows 72% Offer, this is likely profit-taking near the resistance. If we hold above the $70,300 zone, the next targets are $72,600 and $74,500. 🐂✨
Strategic Insight:
Watch for a consolidation above $70k. If the support holds, we are heading for a new local high. Are you long on this breakout or expecting a fakeout? Let’s talk in the comments! 👇💰