🚀 Bitcoin enthusiasts, keep your spirits high! While BTC didn't hit a new all-time high last week, the bull market might still have some surprises in store. 📈
On the daily chart, BTC faced resistance at $74K but is testing the $69K support zone. If this holds, a new record high could be on the horizon. Even if it dips, the 200-day moving average around $64K is the next watch point. The trend remains bullish, suggesting a rally could be imminent. 🌟
On the 4-hour chart, BTC slipped below an ascending channel but shows a promising double-bottom pattern with bullish RSI divergence. If BTC climbs above $70K, a bullish continuation is likely. Otherwise, a dip to $64K is possible. 🔍
On-chain analysis shows active addresses are gradually increasing, hinting at a bullish trend. If this continues, higher BTC prices could follow soon! 🚀