Friday morning Bitcoin market update. On the four-hour chart, BTC continued to rise as expected after finding support at the 89,000 level, currently in a phase of pullback and consolidation. From a technical perspective, the MACD has formed a golden cross, with the green bars still expanding, and the KDJ indicator remains upward, indicating an overall clear bullish trend. The next resistance level is expected at 90,500, and if broken, it may continue to rise towards 93,000.
This trading idea is for reference only; risk control is essential. In the short term, Bitcoin can be moderately bought within the 87,600-88,200 range, targeting around 90,500-93,000. Remember to set strict stop-losses to protect your capital.
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SleepTrader
· 5h ago
89,000 has held, this round actually looks pretty promising. Not sure if we can reach 93,000.
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CodeAuditQueen
· 5h ago
The 89,000 support held, but this rebound pattern is a bit like a false breakout before... We'll have to see if it can truly break through 90,500; otherwise, it's just a routine.
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zkNoob
· 5h ago
89,000 has held up. This wave feels like it can push for another round, but don't be greedy.
Friday morning Bitcoin market update. On the four-hour chart, BTC continued to rise as expected after finding support at the 89,000 level, currently in a phase of pullback and consolidation. From a technical perspective, the MACD has formed a golden cross, with the green bars still expanding, and the KDJ indicator remains upward, indicating an overall clear bullish trend. The next resistance level is expected at 90,500, and if broken, it may continue to rise towards 93,000.
This trading idea is for reference only; risk control is essential. In the short term, Bitcoin can be moderately bought within the 87,600-88,200 range, targeting around 90,500-93,000. Remember to set strict stop-losses to protect your capital.