After a strong bullish rally, ⚠️Bitcoin has paused its upward movement and started to consolidate.
Currently, I observe a typical bullish accumulation pattern - a horizontal trading range on the 4-hour chart.
At this moment, it is testing its resistance. I firmly believe that a bullish breakout, indicated by a 4-hour candle closing above 106,000, will lead to further upward momentum.
This could propel the price to 108,000, and potentially even challenge the all-time high.
Currently, I observe a typical bullish accumulation pattern - a horizontal trading range on the 4-hour chart.
At this moment, it is testing its resistance. I firmly believe that a bullish breakout, indicated by a 4-hour candle closing above 106,000, will lead to further upward momentum.
This could propel the price to 108,000, and potentially even challenge the all-time high.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.