On the daily chart, Bitcoin has shown a clear rebound trend from the previous low point, and the current price has already broken above the key short-term moving average system, forming a continuous upward channel, and the overall bullish trend has been established.



From a structural perspective, this rebound is a correction of the previous downtrend, with each pullback not breaking the previous low, but instead raising the support levels, indicating very strong buying strength below. Combined with the 4-hour chart, the short-term pullback after a rally is just a healthy adjustment within the daily upward process and has not disrupted the overall upward structure.

Therefore, overall, whether on the daily or 4-hour chart, the trend remains upward, and the short-term correction does not change the medium- to long-term bullish pattern.
BTC-0.26%
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
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
ExposeTheBtcLies
· 5h ago
Get in quickly!🚗
View OriginalReply0
  • Pin