Friday Evening BTC Analysis:



I. Support Structure
Short-term strong support: 4h long lower-wicked bullish candle validates strong buying, daily chart forms W-bottom pattern.

II. Bullish Technical Signals
Daily MACD golden cross continuation, major timeframe bullish trend unchanged;
4h MACD green histogram contracting, bearish momentum exhausted;
RSI bottom divergence, downtrend momentum weakening;
Price holding above 4h EMA7, short-term moving average turning up, rebound signal established.

BTC 🫓: Pullback to 70000-69500 can head north
1️⃣: 71000
2️⃣: 73000 (cautiously)

$BTC #加密行情震荡
BTC1,1%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin