Buying Bitcoin below $91K will be considered buying the bottom. So, if you missed buying at $60K, that doesn’t mean you missed the opportunity to buy the bottom of this cycle.
Buying Bitcoin below $91K will be considered buying the bottom. So, if you missed buying at $60K, that doesn’t mean you missed the opportunity to buy the bottom of this cycle.
$BTC/daily
After a breakout in an Ascending Triangle Pattern, #Bitcoin formed another bullish pattern - Megaphone Pattern. It's now retesting the upper flipped support.
$BTC Consolidating between $83.5K-$85K the past 2 days.
Keep an eye out on a break of either of these levels as it likely kicks off the next bigger move.
#BTC
"This means price may need to turn it into support on any future dip to fully confirm a breakout from the $60k-$80k Range"
The dip is here but the retest of the ~$80k Range High (orange) must occur for Bitcoin to fully confirm the breakout from the $60k-$80k Range
After all, the previous Bitcoin Weekly Close occurred below $82k
And so price has not yet produced a Weekly Close above ~$82k
Hence the importance of continued price solidification above the ~80k Range High to fully confirm the $60k-$80k Range breakout
$BTC #Bitcoin
$BTC/daily — Bull Flag Breakout 💥
#Bitcoin just closed above the Bull Flag resistance — breakout confirmed ✅
📊 Bull Flag structure complete
🎯 Target: $104k
🚀 RSI breaking descending trendline
✍️ The RSI breakout confirms momentum strength. When RSI breaks its resistance trendline alongside price breaking the pattern, it validates the move and signals continuation.
Target locked at $104k 🔥
#Bitcoin Historical Accumulation Zone
#BTC is currently in a zone that has historically offered attractive accumulation opportunities.
After this phase, FOMO tends to kick in.