Bitcoin Market Update: Bullish Momentum Continues
Bitcoin (BTC) continues to maintain a strong bullish structure on the 4-hour timeframe, forming higher lows while staying within an ascending channel. This signals that buyers are stepping in on dips, keeping the momentum in favor of the bulls.
Recently, BTC bounced off the golden pocket level, a key Fibonacci retracement zone known for strong support and potential reversals. The successful retest of this level indicates that buyers are defending it aggressively, reinforcing the bullish outlook for the coming days.
As long as Bitcoin remains within the ascending channel, it is expected to push towards the next major price target, aligning with the -0.618 Fibonacci extension level near $91,000.
Key levels to watch:
✅ Fibonacci Support Zone
✅ Higher Low Formation
✅ Breakout Potential Towards $91K
Are you bullish or bearish on BTC? Let me know your thoughts!
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