👉 Hello everyone, yesterday we witnessed $BTC reaching a maximum price of 30720 due to fake news-induced pump. But there's no need to worry; we will see that price again within a few days without any fake information. The #BTC 1D chart is showing extreme Bullish Momentum, and it is on track to reach a maximum level of 31335.

👉 The $BTC 1D chart has a Resistance level at 27634, Support at 25965, and a Neutral phase at 26913. Today, we can see that yesterday's candle closed above the Resistance level. Based on my analysis, this is a real breakout, characterized by a high bullish momentum. #BTC has now entered into an extreme Bullish Momentum, and we are on track to reach our target of 31335.

👉 Over the past 5-7 days, we've observed a reversal of trends, starting from the neutral phase and breaking above it. Then BTC approached the Resistance level, successfully breaking it this time. The last two weeks' candles indicate an attempt to break the Resistance Level. Two previous attempts were met with rejection, but this time, there's no rejection, and a very strong Resistance level breakout has occurred.

👉 This breakout indicates extreme bullish momentum.

👉 Here's a summary of the momentum in multiple time frames:

15m chart: It attempted to break the Support level to decline the Bullish trend but was rejected and reversed, staying in Bullish Momentum.

1h chart: It shows ongoing strong Bullish Momentum, and it's not easily entering Bearish Momentum.

4H Chart: No comments for this because it's building a very strong Bullish Momentum.

All time frames indicate a bullish momentum, and we are currently in an extreme Bullish Momentum in #BTC .

👉 Today, BTC's movements suggest consolidation in the price range of 28250-28550. It will break out after a few hours and reach above 29,000 tonight. The night will see BTC trading above 29,000.

👉 I always provide true and accurate analysis, not blindly, so everyone can follow our analysis with proper risk management.