๐ Why I Believe BTC/TUSD Is Bullish Right Now (1D Chart)
๐ Based on today's chart, hereโs my quick breakdown:
1. Clear Uptrend
Price action shows a strong move upward โ higher highs and higher lows. Classic bullish structure.
2. Trading Above All Key Moving Averages
$BTC is currently above the MA(7), MA(25), and MA(99). This alignment typically supports further upside.
3. Healthy Volume
Consistent volume with solid green candles shows buyers are still in control, and the move isnโt overextended.
4. +49.41% in One Year
Yearly performance is almost +50% โ strong long-term momentum.
5. Bullish Candle Formation
After hitting 108,089.52, we saw a minor pullback, but price is holding above support. Looks like consolidation before another leg up.
๐ข Staying bullish as long as $BTC holds above short-term moving averages. Momentum looks strong โ letโs see where this goes.
