BITCOIN BULLISH đ đ đ đ đ đ đ
While yesterday's analysis indicated a potential for bullish movement, the market has already shown significant gains. This rapid increase might lead to a consolidation phase or even a temporary pullback to re-establish support levels.
Factors to Consider:
Overbought Conditions: The RSI being in overbought territory yesterday suggests a potential for price correction.Resistance Levels: The price is approaching key resistance levels, which could hinder further upward movement.Market Sentiment: Overall market sentiment remains positive, but sudden shifts can occur.
Prediction
Given these factors, I would lean towards a cautiously BULLISH stance for today. Bitcoin might experience sideways movement or a slight pullback before potentially resuming its upward trend.