【$BTC is about to face a turning point!!! The bottom pattern is becoming clearer!!!】
The technical analysis currently shows a W-bottom, supported:
This indicates that the divergence between bulls and bears is about to unify, facing a choice of direction, the turning point is imminent!
Signal analysis:
Bullish signals have appeared,
If it breaks through 83000, a new bull market is expected to begin!
Otherwise, it's highly likely to continue the bearish trend!
MACD weekly golden cross moving upwards, pay attention to the transformation of bullish momentum!
Trend resistance level 83500
A strong breakout could indicate a reversal possibility.
Current trend: Bullish!
Current strategy: Spot buy low, light position contracts to test the waters, take profit when favorable, beware of spikes.
Bullish strategy:
This week multiple levels show bullish signals.
ENT: 79550
TP1: 81500
TP2: 83150
SL: around 78550 (absolute stop loss, fear of spikes below)
The demand zone around 71000 still needs to be verified,
Currently, overall liquidity remains very weak, the trend is driven by news and sentiment.
Please pay attention to good and bad news; if negative news, buy long; if positive, sell.
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