btc last dump 💯💯📉📉enter 104800 1 target 103200 2 target 100089 like follow short 3 target 97800 stop loss 106700 new follow like @#BinanceAlphaAlert #TradeWarEases
Now 💯💯%% #CryptoComeback The Relative Strength Index (RSI) on the 4-hour chart is at 58, indicating bullish momentum without being overbought, which supports further upside potential3. On the daily and weekly timeframes, RSI has shown bullish divergence and successful retests of support, signaling a maturing bullish trend4.
Bollinger Bands are tightening (a "squeeze"), suggesting an imminent volatility spike that often precedes strong price moves. Bitcoin's price touching or moving near the upper Bollinger Band signals possible upward momentum356.
Moving averages are converging, with Bitcoin trading above key levels like the 50-day MA, providing strong support and a bullish technical base23.
Trading volume has increased by about 10% recently, reflecting growing market participation and investor interest, which often precedes breakouts3.
On-chain metrics show increased exchange inflows, which could indicate profit-taking but also heightened activity around key levels3.
Broader macro factors such as rising global liquidity and institutional inflows into Bitcoin ETFs add fundamental support to the technical setup1
In summary, a combination of RSI strength, Bollinger Band squeeze, supportive moving averages, rising volume, and favorable macro liquidity conditions all point toward a likely Bitcoin breakout in the near term, provided key resistance levels are overcome