What is meant to come will always be on the way, let the bullets fly for a while!

From the BTC 1H/4H trend perspective, the recent week’s rally has placed the short-term structure in a bullish arrangement, making it less likely for prices to experience a chaotic decline.

The larger bullish trend remains intact, and a conservative view can be taken regarding the overall height of the rally; however, one should not blindly open short positions on the left side just because an increase has occurred.

From a smaller timeframe perspective, the current range of movement is limited to the previous low and high formed at the 1H level.

Intraday pullback at the 119.1k-118.8k line for long positions, with targets at 120.8k, 121.8k, and 112.5k. $BTC #BTC重返12万