Recently, Bitcoin has strongly broken through key resistance, with sufficient upward momentum in the evening. The short-term moving average has crossed above the long-term moving average, forming a bullish arrangement. A pullback to the vicinity of the short-term moving average has received strong support, showing significant advantages for the bulls.
MACD Indicator: Continuously rising above the zero line, with elongated red bars, indicating an acceleration in bullish momentum and a clear buy signal.
Candle Pattern: Mainly a series of rising candles, with large bullish candle bodies and few weak bearish candles, indicating that buyers dominate the market!
Bitcoin: 117500, buy at 117000, target around 120000! $BTC