$BTC ⚠️5.4-5.5 Night Market Forecast ⚠️ The bearish forces' short-term waterfall starting with 7 will ultimately become a fantasy❗️ Let time prove right or wrong❗️
From the four-hour level, the market is still moving above the 60-day moving average. Since mid-April, there have been two attempts to break below, both of which rebounded immediately after touching it, not even achieving a temporary breakthrough. The most recent attempt was at the end of April, and we are currently in a correction phase! So we remain bullish! It seems the bears have called for a drop from 85000 to 98000, and there is still no sign of a 7 at the beginning, not even a decent correction! Ridiculous 🤪
At the one-hour level, after breaking through the strong resistance at 95400, the resistance level has turned into a support level. The current price is just at the support line, and combined with the four-hour moving average, around 94800 is likely the lowest point of the correction, friends, check the position to get in.