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The lower boundary of BTC's oscillation zone is likely to be broken. Be cautious in chasing long positions. You can consider the support area below #BTC走势分析 #BTC🔥🔥🔥🔥🔥🔥 when opening a position.
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Bitcoin test channel bottom began to reverse, there is a certain supply temporarily, may pull back, but the pullback is a good opportunity to enter the market, pay attention to the position below! Ethereum may also usher in a small pullback, the area below is an opportunity to enter the market! ! ! #BTC🔥🔥🔥🔥🔥🔥 #ETH🔥🔥🔥 #大盘走势
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BTC4h tests the downward trend line. There is pressure but not big. It is very likely to continue to test the upper resistance area and then pull back. Now the key is still to break through the downward trend line. After the breakthrough, the price will test the upper channel #BTC🔥🔥🔥🔥🔥🔥 #行情分析
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Although BTC has stopped falling at the lower boundary of the channel, it must return to the upper resistance, otherwise there is still a risk of falling. If it wants to resume the previous upward trend, it must break through the downward trend line. At present, operations must wait for it to stand firmly above the resistance. #BTC🔥🔥🔥🔥🔥🔥 #大盘走势 #行情分析
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Bitcoin is expected to be bullish, and it just pulls back to the expected support range. You can consider opening a position #BTC🔥🔥🔥🔥🔥🔥 #大盘走势 #行情分析
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Prepare to write some articles on trading basics
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Bitcoin has broken through the neckline of the head and shoulders and recovered. The current rebound is weak, so be cautious when chasing more! ! ! There may be another drop#大盘走势 #BTC🔥🔥🔥🔥🔥🔥 #行情分析
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4.27 Bitcoin market analysis: Bitcoin has pulled back as expected, but there is no sign of stopping the decline. Although Ethereum has gained support for a short period of time, there is also a risk of further decline. Just wait patiently for the entry point below! #BTC🔥🔥🔥🔥🔥🔥 #ETHFI🔥🔥🔥 #大盘走势 #行情分析
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If it falls below 627000, short orders can continue to see the support below to take profit, and spot can also consider entering the first position #BTC🔥🔥🔥🔥🔥🔥 #大盘走势 #行情分析
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Bitcoin 4h trend is weak, and a head and shoulders may form here, and it may continue to fall #大盘走势 #BTC🔥🔥🔥🔥🔥🔥 #行情分析
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The supply force of Bitcoin's current callback is still very strong, and the bottom is a good entry point! ! ! #大盘走势 #BTC🔥🔥🔥🔥🔥🔥 #行情分析
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BTCNewATH
71,958 views
278 Posts
Is Bitcoin's New ATH Just the Start?
Bitcoin price rose beyond $100,000 again. BTC reached a record high over $106,400 after rising roughly 5%.
Bitcoin rose past $100,000 again.
The price is over $102,000 and the 100-hour SMA.
The hourly BTC/USD chart shows a bullish trend line with support at $103,400.
If it holds over $102,500, the pair may rise again.
Bitcoin prices rise Once again, Bitcoin price established a foundation and surged past $100,000. Prices rose over $102,200 and $103,500.
Price topped $104,000. The price is consolidating gains after hitting a record $106,487. It is progressively falling below the 23.6% Fib retracement line of the current wave from $99,250 swing low to $106,487 high.
Bitcoin has crossed $102,000 and the 100-hourly Simple moving average. On the hourly BTC/USD chart, a positive trend line connects to $103,400 support. The trend line is at the 50% Fib retracement level of the current wave from $99,250 swing low to $106,487 high.
Price may find resistance at $105,500 on the upside. First major resistance is around $106,500. A decisive break over $106,500 barrier might boost prices. The next hurdle may be $108,000. A closing above $108,000 barrier might boost prices.
If the price rises, it may challenge $110,000 resistance. More advances might push the price beyond $112,000.
Another BTC Drop?
Bitcoin may fall if it fails to break $105,500. The trend line or $103,500 provide immediate downside support.
The first substantial support is about $102,000. The next support is at $100,250. More losses might push the price toward $98,000.
The technical indications
The MACD is rising in the positive zone.
Relative Strength Index hourly BTC/USD RSI is over 50.
Major Support Levels: $103,500, $102,000.
Major Resistance Levels: $105,500, $106,500.
#BTC #BTCNewATH #MicroStrategyJoinsNasdaq100 #BitcoinKeyZone $BTC $ETH $BNB
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