Saturday Bitcoin Morning Insights: Keep Going Long!

Overnight, Bitcoin surged again, reaching close to 99,000. The bullish trend is so strong that it hardly looks back!

Looking at the 4-hour chart, there is a clear double bottom formation. Each small pullback of the candlestick is followed by a big bullish candle, which shows the tenacity of the bulls – they just won't die!

The moving averages are also arranged upward, with big bullish candles taking off directly, crushing the moving averages, and the support line continuously rising. Everything is pointing upwards; just a slight pullback, and we can continue to go long!

For the morning operation on Bitcoin, I personally suggest buying on a price drop to 97,000-96,500, targeting 99,500-100,000!