The overnight Bitcoin has surged violently again, with the market rising directly to around 93,900. Bitcoin has strongly broken through and set a new high, with bulls continuing to push forward, and the bullish trend continues to rise. Any subsequent pullbacks should be seen as a buying opportunity!

From a four-hour structure perspective, the moving averages continue to form a golden cross in a bullish arrangement. Bitcoin rose directly in the morning, breaking through the short-term downtrend, and has been rising all the way up to 93,900. Therefore, the short-term support has formed at 92,500. Any subsequent pullbacks above 92,500 should be taken as a chance to buy on dips!

Wednesday's midday suggestion for Bitcoin:

Buy on the pullback at 93,000-92,500 and target the upper range of 94,500-95,000!