Bitcoin's current trend demonstrates strong momentum, starting from a stage low near 87,000 and rebounding all the way back, today breaking through with a solid bullish candlestick, successfully surpassing the 90,000 threshold, breaking through the high resistance level that had been repeatedly pressured recently. The trend structure has completed a key reversal.



On the technical side, the MACD indicator provides strong support. After forming a golden cross below the zero line, it continues to diverge upward, with red energy bars gradually enlarging. All signals indicate that bullish momentum is continuously accumulating and strengthening. The overall trend is undoubtedly bullish.

In terms of operation, patiently wait for a pullback, and consider entering long positions at support levels, riding the trend rather than fighting against it.

Trading suggestion: Go long around 89,000-88,200, targeting 92,200-94,000. If broken, continue upward.
BTC-0,64%
ETH-0,41%
SOL-0,54%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)