【Bitcoin Strong Surge, Is the $100,000 Mark Within Reach?】
After weeks of suppression in a sideways market, it has finally been triggered at the upper Bollinger Band! The daily chart of Bitcoin (BTC) has given a rare breakout signal, with bulls fiercely grasping the situation, aiming for $100,000!
Technical breakdown as follows:
Bollinger Bands: Price has strongly broken through the upper band, with increased volatility, possibly indicating the start of a new upward trend;
MACD Momentum: The signal line is steadily expanding above, with the histogram increasing, and bullish momentum continuing to strengthen;
RSI Indicator: 66.4, nearing overbought, reminding us that there may be a slight technical pullback in the short term.
Potential Paths:
Further Upward Movement: If volume supports it, Bitcoin may head straight to $97,500, or even touch the $100,000 mark!
Short-term Pullback: Considering the RSI is close to overbought and the pressure at the upper Bollinger Band, if a pullback occurs, watch the support performance in the $92,000–$90,000 range.
Bulls are dominant, but the market has entered a high-pressure zone; the key lies in the continuation of volume and confirmation of candlestick patterns.
At this stage, the difference between blindly chasing highs and missing out on a rally is just one calm judgment away.
Is it time to get on board early, or will we miss out on a major rally? Now is the critical point of choice.