Yesterday, Bitcoin dipped and recovered again, following last week's sharp spike down, triggered by the $9B Galaxy Digital sale on behalf of a Satoshi-era investor.
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🧠 Why is this important?
Despite being one of the largest BTC sales in history, the move only caused a temporary spike down.
That’s a clear sign of market strength and strong interest on dips.
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📉📈 Current Technical Context:
• If we ignore the spike, price is consolidating in a tight rectangle
• That’s typically a continuation pattern
• The broader trend remains strongly bullish
📌 Put all of that together, and we have at least 3 reasons to expect upside continuation
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🎯 Key Levels:
• Break + daily close above $120K → likely leads to a new ATH and a potential test of $130K
• Invalidation only comes with a break below $114K
________________________________________
Conclusion:
BTC just absorbed a massive $9B sell without blinking.
As long as $114K holds, I'm bullish and expecting continuation.
Next leg could (and I hope it will) be explosive. 🚀
________________________________________
🧠 Why is this important?
Despite being one of the largest BTC sales in history, the move only caused a temporary spike down.
That’s a clear sign of market strength and strong interest on dips.
________________________________________
📉📈 Current Technical Context:
• If we ignore the spike, price is consolidating in a tight rectangle
• That’s typically a continuation pattern
• The broader trend remains strongly bullish
📌 Put all of that together, and we have at least 3 reasons to expect upside continuation
________________________________________
🎯 Key Levels:
• Break + daily close above $120K → likely leads to a new ATH and a potential test of $130K
• Invalidation only comes with a break below $114K
________________________________________
Conclusion:
BTC just absorbed a massive $9B sell without blinking.
As long as $114K holds, I'm bullish and expecting continuation.
Next leg could (and I hope it will) be explosive. 🚀
🎯 Want More Trading Ideas?
📈 Join the FREE Forex & Gold Channel
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📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
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🎯 Want More Trading Ideas?
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。