BTC just posted a solid green candle and hit its highest close in nearly two months. The technicals are looking interesting here—EMA10 has crossed above EMA50, and EMA20 is following suit. Price managed to hold and close above the $94.2k level, which is a key zone. The pattern in this channel has been holding up pretty well so far. With these moving averages aligning bullishly and that strong close, there's a real question whether BTC can keep riding this momentum upward or if we'll see some consolidation first.
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AirdropHunterXiao
· 3h ago
94.2k held firm, this EMA arrangement indeed looks comfortable, but don't get too excited... often, it's at times like this that the dump begins.
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pumpamentalist
· 3h ago
94.2k whether to break or not is the key, the EMA arrangement is so neat it feels a bit too perfect, we need to see if it can hold.
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NewPumpamentals
· 3h ago
94.2k breakout feels like it's about to take off, with EMA stacking perfectly, just afraid of a pullback to hit a snag.
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NeverVoteOnDAO
· 3h ago
94.2k holding steady is good; let's see if it can break through the resistance level later.
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TopBuyerBottomSeller
· 3h ago
94.2k has indeed stabilized, which is quite interesting, but I'm just worried that a pullback might lead to buying the top again.
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SelfSovereignSteve
· 4h ago
94.2k held strong, feeling like there's some substance. The EMAs finally lined up, but I'm just worried it'll return to that damn consolidation again.
BTC just posted a solid green candle and hit its highest close in nearly two months. The technicals are looking interesting here—EMA10 has crossed above EMA50, and EMA20 is following suit. Price managed to hold and close above the $94.2k level, which is a key zone. The pattern in this channel has been holding up pretty well so far. With these moving averages aligning bullishly and that strong close, there's a real question whether BTC can keep riding this momentum upward or if we'll see some consolidation first.