Bitcoin (BTC) just broke through the upper Bollinger Band with a huge bullish candle, reaching around 71500.
This "naked" bullish candle (without upper and lower wicks) is a typical breakout pattern, signaling the end of the consolidation range.
The MACD red histogram continues to expand, with DIF strongly crossing above DEA, and bullish momentum erupting like a rocket.
The KDJ triple line forms a golden cross pointing upward, with values in the strong zone. There's no overbought divergence yet, and the upward momentum remains intact.
Bitcoin is currently in a rebound window, with the overall trend maintaining a bullish outlook.
Continue buying around 70000-69600 below. Watch for 71500-71890-72300 on the upside. Breaking above 72800 could potentially test levels above 75000 again!
Bitcoin (BTC) just broke through the upper Bollinger Band with a huge bullish candle, reaching around 71500.
This "naked" bullish candle (without upper and lower wicks) is a typical breakout pattern, signaling the end of the consolidation range.
The MACD red histogram continues to expand, with DIF strongly crossing above DEA, and bullish momentum erupting like a rocket.
The KDJ triple line forms a golden cross pointing upward, with values in the strong zone. There's no overbought divergence yet, and the upward momentum remains intact.
Bitcoin is currently in a rebound window, with the overall trend maintaining a bullish outlook.
Continue buying around 70000-69600 below. Watch for 71500-71890-72300 on the upside. Breaking above 72800 could potentially test levels above 75000 again!