The current trend of Bitcoin, to put it bluntly, is a bullish market. It has already taken on a momentum that disregards all, where no one can influence it, resembling a soaring arrow through the clouds, and there is no significant pullback feeling. This kind of trend is no longer surprising; every day shows a strong bullish candle, and every pullback returns to a high position, with all technical indicators pointing towards bullishness!
In terms of the four-hour structure, Bitcoin has once again entered a range-bound oscillation, showing a clear arc bottom pattern. The candlestick consistently stands above the moving average, maintaining the low points. The candlestick continues to stabilize above 91,500, which reflects the bullish sentiment. The candlestick still forms lower shadows, which is a nightmare for the bears. The bulls are taking off directly, and there is no upper limit on the candlestick, indicating no resistance, giving a feeling of vast openness. The daily level is even more terrifyingly strong, with the candlestick forming a doji followed by a strong bullish candle that covers it. The bulls are strong, and subsequent pullbacks should continue to engage in bullish trades!
Friday's Bitcoin afternoon suggestion:
Buy on pullbacks at 92,500-92,000, targeting the upper range of 95,000-95,500!