$BTC
12.5 Day BTC
The current trend of Bitcoin seems weak, but it has released noteworthy signals of resilience at key price levels.
From the four-hour candlestick chart, that candlestick with a prominent lower shadow is not just a regular pattern on the chart; it resembles a successful 'defensive battle'—the bears attempted to break down, but were met with decisive and strong support from the bulls.
Especially in the one-hour cycle, after the price touched 90822, it quickly rebounded, directly proving that the support below is not just an empty structure, but rather a 'key defense line' that the bulls have set up.
During the day, a pullback to 91000 to 91500 is expected, with a target of 94200 and further upward movement towards around 96000.
