#BTC走势分析 long positions pattern is solid.

From a technical perspective, Bitcoin is currently in a strong long positions pattern:
Daily level: Breakthrough head and shoulders neckline at $114,500, MACD golden cross with volume, RSI rises to 65 in the overbought zone but does not diverge, strong long positions momentum. Key resistance level: The key resistance level above is $116,500 (200-day moving average), and breaking through this will open up upward space to $118,000.
Bollinger Bands Expanding: The Bollinger Bands are widening significantly, indicating increased market volatility and usually signaling a major move on the horizon. Analysts pointed out that Bitcoin's price structure and trend strength both support the bullish judgment of the market outlook, and the market is at a critical juncture.
Institutional predictions: The future space is huge, and multiple institutions hold an optimistic attitude towards the future trend of Bitcoin:
Standard Chartered Bank: Predicts that bitcoin may break through the $120,000 mark in the second quarter, and the price may rise to $200,000 by the end of 2025, and may even reach $500,000 by 2029.
HKGroup: It is expected that the price of Bitcoin will reach a high of $150,000 to $180,000 within the year.
JPMorgan Chase: Bitcoin is likely to outperform gold in the second half of the year, driven by corporate demand and U.S. government support.
⚠️ 5. Investment advice: opportunities and risks coexist
✅ Trading Strategy
Holders: The short-term target of $116,200 is approaching, it is recommended to take profit 50% of the position after reaching to lock in profits, and move the stop loss of the remaining 50% position up to $114,000, and gamble on the ultimate goal of $118,000.
Non-entrants: If the price falls back to the $114,500-$114,800 range, you can take a light position and try long, with a stop loss of $114,000
The above should not be considered as investment advice!!!