#策略性加码BTC Bitcoin Technical Analysis:

The trumpet pattern has been broken, and tonight it tested the key resistance at 92617 again. Although it ultimately failed to break above this level, it has already made a new high higher than the previous one — indicating that bullish momentum is accumulating.

Inside the trumpet, a W bottom pattern has emerged. The M head in the morning did not materialize, and by evening it turned into a W bottom. Which is the true signal? Based on the fact that the neckline was broken, the W bottom appears more credible. The key is to be patient and wait for a continued breakout above 92617.

If a correction occurs, the range of 91759-91472 must hold. A break below would be problematic — what goes up must come down. 91759 serves as both the upper boundary of the trumpet pattern and a support level; 91472 is a stronger support point. If both are broken, look for around 90393 near the lower boundary of the trumpet.

The prerequisite for an upward move is a breakout above 92617. During a correction, do not fall below 91759-91473.

After a volume breakout above 92616, look towards 93764, and further up is 94729. A rebound to the 93766-94729 zone can be used for partial short positions, with a stop-loss set at 96517, and take-profit targets at 92325-91583. Remember to set your stop-loss properly.

As long as the hourly chart stays above 92616, it can target 93764-94729. It’s that simple.

If the four-hour chart breaks below 91613, look down to 90397-89268.

To be honest: BTC’s daily chart has been oscillating between 94807 and 85074 for 57 days. How long this turbulence lasts is uncertain. But remember one thing — the upward process is never smooth sailing. This turbulent phase is meant to shake out those with unstable mindsets. Once the steadfast hold on, a big bullish candle can suddenly surge up. Patience in solitude will eventually lead to prosperity.

The biggest obstacle on the current daily chart is the top of the box at 94807. Only by breaking through this can the 57-day oscillation be finally broken, opening the way to higher levels. If not, it will continue to rotate within the box.