Bitcoin made a strong breakout last night, reaching a peak of 97,400. We publicly held a bullish stance yesterday, and the market moved as expected.
From the current market perspective, the four-hour level shows that after a narrow consolidation, the market has surged with consecutive bullish candles, breaking through the upper Bollinger Band. Although there is room for a pullback, significant support is present below, indicating an overall bullish trend. It is recommended to continue buying on dips in the future market. Buy Bitcoin around 96,300 - 95,800 on pullbacks, targeting 97,600 - 98,500.
From the current market perspective, the four-hour level shows that after a narrow consolidation, the market has surged with consecutive bullish candles, breaking through the upper Bollinger Band. Although there is room for a pullback, significant support is present below, indicating an overall bullish trend. It is recommended to continue buying on dips in the future market. Buy Bitcoin around 96,300 - 95,800 on pullbacks, targeting 97,600 - 98,500.
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BTC
96,171.97
-0.62%