Thursday Bitcoin Analysis
From a technical structure analysis, on the daily level, the price tested the bottom support without breaking, the bulls have recovered and warmed up, the indicator moving averages have turned and expanded, the bears are contracting, and a shift between bulls and bears is imminent, looking favorably at the bulls in the future. On the small cycle level, the price is oscillating and repairing upwards, constrained by the price channel without a significant breakthrough, the indicators show bullish expansion, the price is oscillating upward, and the bearish pullback space is limited. The operation suggestion for the morning session is to buy on dips.
Bitcoin's pullback at 95000-95500 looks to rise to 97500/98500 #BTC☀