★ Analysis of Recent Bitcoin Chart Sentiment
1. The recent Bitcoin chart hinted at potential for significant volatility on the weekly timeframe 📊
2. A major price movement, either upward or downward, was anticipated 📈
3. However, contrary to technical expectations, the price action has been relatively muted, with small candles fluctuating between 58K and 61K 🙃
4. Despite this, Bitcoin is gradually trending upward, maintaining its position above the yellow trend line 🐍
5. Notably, reports indicate that futures positions are being liquidated even with minor price movements, suggesting that high-leverage traders are starting to recover 🤔
6. Overall, the market sentiment is positive, and the chart structure remains intact 📈
7. The key point to watch is the breakout from the green channel, which could lead Bitcoin toward its previous high around 74K 🚀
8. Dividend Shark is eagerly waiting for the price to reach 74K 📉
Good luck to all crypto investors! 🍀