Bitcoin surged with a massive bullish candle that pierced directly through the Bollinger Band upper rail, reaching near 71,500.
This "bare high and bare low" large bullish candle is a typical breakout pattern, signaling the end of the consolidation range.
The MACD red histogram continues to expand, with DIF showing strong momentum crossing above DEA, and bullish energy erupting like a rocket.
The KDJ three-line golden cross is pointing upward, with readings in the strong zone. Overbought saturation has not yet appeared, and the upward momentum remains intact.
Bitcoin is currently in a rebound window, with the overall trend maintaining a bullish outlook.
Continue buying support around 70,000-69,600 below. Watch resistance levels at 71,500-71,890-72,300. A break above 72,800 could potentially retest above 75,000!
Bitcoin surged with a massive bullish candle that pierced directly through the Bollinger Band upper rail, reaching near 71,500.
This "bare high and bare low" large bullish candle is a typical breakout pattern, signaling the end of the consolidation range.
The MACD red histogram continues to expand, with DIF showing strong momentum crossing above DEA, and bullish energy erupting like a rocket.
The KDJ three-line golden cross is pointing upward, with readings in the strong zone. Overbought saturation has not yet appeared, and the upward momentum remains intact.
Bitcoin is currently in a rebound window, with the overall trend maintaining a bullish outlook.
Continue buying support around 70,000-69,600 below. Watch resistance levels at 71,500-71,890-72,300. A break above 72,800 could potentially retest above 75,000!