Here's the BTC major trend analysis: The daily chart shows volume expansion at the bottom, pulling up to the middle band of the Bollinger Bands. Yesterday's probe down and recovery formed what appears to be a hammer candlestick pattern, which typically suggests continued upward movement. For medium to long-term traders, you can consider scaling into long positions around the 73.1K level and above. Personally, I believe if the price action remains somewhat strong, it will create a new high that exceeds the previous high before entering a decline. $BTC

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
Add a comment
Add a comment
No comments
  • Pin