Bitcoin daily line has just completed a breakthrough of the key resistance level, the support and resistance have switched, and the moving averages are starting to turn.
However, there's no rush here, and one cannot hastily conclude that a one-sided upward trend has begun.
Before a real trend starts, it usually goes through multiple rounds of retesting for confirmation, just like the market movements from October to December 2024 and October to December 2023.
Moreover, even after the trend is confirmed, the price will also retest along the EMA moving averages, providing multiple opportunities to enter the market.
