TechnicalA

Bitcoin has climbed back to $119,000, regaining strength after recent pullbacks. However, despite the recovery, key indicators are flashing mixed signals, leaving traders cautious.

On one hand, on-chain data shows strong accumulation by long-term holders, a positive sign for future price stability. Yet, technical charts reveal a potential bearish divergence, with momentum indicators like the RSI showing signs of exhaustion.

For now, Bitcoin holds firm, but the market remains at a critical juncture. A breakout above $120K could trigger further upside, while failure to hold current levels might invite another correction.

#BitcoinUpdate # #BTC119K
#CryptoMarket #TechnicalA

Here’s your ULTIMATE CHART PATTERN CHEAT SHEET to trade like a pro!
Whether the market is Bullish, Bearish, or Indecisive – this guide has you covered.

✅ Bullish Patterns:
• Flag | Pennant | Ascending Triangle | Cup & Handle | Inverse Head & Shoulders | Wedge
👉 Best for spotting breakout buys!

🚫 Bearish Patterns:
• Flag | Pennant | Descending Triangle | Inverse Cup & Handle | Head & Shoulders | Wedge
👉 Perfect to catch short opportunities before a dump!

⚖️ Indecisive Patterns:
• Consolidation Channel | Symmetrical Triangle
👉 Trade smart both ways!

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#CryptoTrading #BinanceFutures #ChartPatterns #TechnicalA