Green Candle Alert 🟩 — Is Bitcoin’s Big Reversal Finally Here?

Bitcoin closed in the green, but the candle is uncertain, indicating no reversal. He said that momentum shifts need more robust bullish candles. He is now focused on lower timeframes, where he wants to find the next lengthy opportunity after securing the present job.

Daily Close Indicates Market Uncertainty Following CPI data, he saw uncertainty in recent market behavior, claiming that the daily Bitcoin candle ended indecisively while being green. It was the weekly candle close after the US CPI data that dominated the week. Additionally, the weekly candle closed indecisively, leaving the market structure unclear.


The analyst set a rally condition. BTC's rise depends on staying over $110,500 barrier. If confidence holds, maintaining this important floor could drive the market above $120,000 and perhaps higher.

If the price falls below $110,500, the market may fall lower. The expert expects the downturn will start around $100,000, the crucial technical support level.

Whether Bitcoin goes up or down, the expert warned about the market. Most cryptocurrencies will follow Bitcoin's price activity throughout the weekend.

Altcoin market health depends on Bitcoin Dominance (BTCD), which the analyst sees as neutral on the daily chart. Cryptocurrencies need greater fundamental weakness in Bitcoin to escape its gravity and stay positive. D.

Choppy Prices & Uncertainty

study by observing that intraday chart activity had been “somewhat choppy” all day, indicating little short-term direction. Though consolidation has occurred, expectations remain positive.

The expert expects a further rise to $115,300 barrier. The market has made its movements, therefore the next phase is to wait and confirm the push toward the $120,000 barrier goal.

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