🔥BTC Today's Market Analysis｜Monthly Chart Anomaly, Could Break New Highs?
1️⃣ Strong Signals at the Monthly Level:
✅ Three Strong Support Levels: The monthly chart has quickly rebounded three times around 75,000, forming strong support, and also reflects a historically similar pattern.
✅ Breakout from Descending Channel: The weekly chart confirms a breakout from a 2-year downward trend line.
👊 The technicals already show support, and this year there is a high probability of breaking the new high of 110,000.
2️⃣ Key Node Predictions:
✅ If we stabilize above 90,000 by the end of April, it's estimated we could quickly reach 99,000 around the holiday.
✅ Pullback for Accumulation: After a high, there is a high probability of a pullback to around 86,000-88,000 for consolidation, to build energy for breaking 110,000.
💬 Trump's tariff policy, as previously mentioned by Brother Chuan, is difficult to maintain, and the policy adjustment has eased liquidity fears, leading to a recovery in market sentiment📈
