BTC Analysis: Breakthrough of the Downward Trend Line, Buy on Pullback

Yesterday, the 1-hour level saw a significant breakout above the resistance level of 114400, which has been challenged multiple times, as well as being a key point of the downward trend line

Drawing the upward and downward trend lines, the bottom formation has the potential to form a W bottom

Key pullback buy positions: (1) Around 114400 (2) Upward trend line

In the worst-case scenario, if the upward trend line is broken, it will test the bottom of 119000 again $BTC