Structure Strengthens:
Bitcoin's technical structure has improved significantly, with price now holding firmly above the $94,000 level — a former resistance that has flipped into solid support after multiple successful retests.
Bullish Trend Confirmation:
This move reinforces the ongoing bullish trend, driven by a broad bottoming formation from February to April and a clear series of higher lows since March.
Investor Confidence:
The consistent accumulation signals strong buying interest from long-term investors, suggesting that market participants are positioning for further upside.
Outlook & Targets:
As long as Bitcoin maintains levels above $94,000, the bullish outlook remains intact. The next near-term targets lie in the $110,000–$115,000 range.
Bitcoin appears well-positioned for the next leg of its rally. 🚀📈
#Bitcoin #BTC #Crypto #TechnicalAnalysis #BullishTrend #Support #Breakout #MarketUpdate #PriceAction #CryptoMarket
Bitcoin's technical structure has improved significantly, with price now holding firmly above the $94,000 level — a former resistance that has flipped into solid support after multiple successful retests.
Bullish Trend Confirmation:
This move reinforces the ongoing bullish trend, driven by a broad bottoming formation from February to April and a clear series of higher lows since March.
Investor Confidence:
The consistent accumulation signals strong buying interest from long-term investors, suggesting that market participants are positioning for further upside.
Outlook & Targets:
As long as Bitcoin maintains levels above $94,000, the bullish outlook remains intact. The next near-term targets lie in the $110,000–$115,000 range.
Bitcoin appears well-positioned for the next leg of its rally. 🚀📈
#Bitcoin #BTC #Crypto #TechnicalAnalysis #BullishTrend #Support #Breakout #MarketUpdate #PriceAction #CryptoMarket
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.