Bitcoin’s recent rise was aggressive, then price began to drift lower inside a narrow bearish flag. That slowdown is important, but it has not damaged the bullish structure.
Sellers have had several chances to push BTC lower, yet the pullback has stayed controlled. Price has not given back much of the prior advance, which tells me buyers are still absorbing the selling pressure.
The latest move above the flag is the first real sign that the pause may be over. If Bitcoin can remain above the breakout area, it would confirm that the market is ready to resume its upward move.
My upside focus remains around 81,500.
This is a personal market view, not financial advice. Always wait for confirmation and manage your risk carefully.
Sellers have had several chances to push BTC lower, yet the pullback has stayed controlled. Price has not given back much of the prior advance, which tells me buyers are still absorbing the selling pressure.
The latest move above the flag is the first real sign that the pause may be over. If Bitcoin can remain above the breakout area, it would confirm that the market is ready to resume its upward move.
My upside focus remains around 81,500.
This is a personal market view, not financial advice. Always wait for confirmation and manage your risk carefully.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.