SUMMARY AND ASSESSMENT OF THE EUROPEAN SESSION 🇪🇺
• 📊 Price Action: In the European session, Bitcoin continued to firmly hold a strong bullish structure, setting a 24-hour high at 🎯 81,741.00 USDT before making a slight pullback and consolidating stably around the 📈 81,256.00 USDT area. This upswing indicates that the Buyers are absorbing selling pressure very well in the market.
• 📈 Moving Averages (MA):
- The current price is entirely above all three key trend lines: MA(7) at 81,186.09, MA(25) at 80,837.56, and MA(99) at 77,540.03.
- ⚡ Two short-term MA lines (MA7, MA25) are rising sharply $BTC #BTC☀
• 📊 Price Action: In the European session, Bitcoin continued to firmly hold a strong bullish structure, setting a 24-hour high at 🎯 81,741.00 USDT before making a slight pullback and consolidating stably around the 📈 81,256.00 USDT area. This upswing indicates that the Buyers are absorbing selling pressure very well in the market.
• 📈 Moving Averages (MA):
- The current price is entirely above all three key trend lines: MA(7) at 81,186.09, MA(25) at 80,837.56, and MA(99) at 77,540.03.
- ⚡ Two short-term MA lines (MA7, MA25) are rising sharply $BTC #BTC☀