$BTC Strive spends $169 million to add 2,000 BTC to its holdings ๐ฅ
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๐ด $BTC Strive spends $169 million to add 2,000 BTC to its holdings | Short-term bullish ยท Multi-timeframe confluence
โ ๏ธ Technical analysis: The daily and 4-hour EMAs are both in a bullish alignment and trending upward, pointing in the same direction and creating multi-timeframe confluence. The trend has a solid foundation. The daily ADX is as high as 45.8, indicating a very strong larger-timeframe uptrend; the 4-hour ADX is only 19.7, so short-term momentum is still building. The current price is 86140, not far from the resistance at 87385. A breakout on strong volume could open up further upside, while the support at 75975 is a key line of defense. The volume ratio is relatively low at 0.78; ideally, volume should pick up before the price attempts a breakout.
๐ข Market update: CryptoQuant CEO Ki Young Ju declared that the "bull market has begun," forecasting that BTC could rise another 3 to 5 times during this cycle. Meanwhile, Strive has put $169 million into adding 2,000 BTC to its holdingsโa clear sign of institutional buying on the dip that has boosted market confidence.
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๐ Follow for the latest market moves ๐
#ๆๆฏๅๆ #ๅคๅจๆๅ ฑๆฏ #Strive spends $169 million to add 2,000 BTC to its holdings #BTC
๐ When trading, pay attention to whether the candlestick patterns align
โโโโโโโโโโโโโโโโโโโโ
๐ด $BTC Strive spends $169 million to add 2,000 BTC to its holdings | Short-term bullish ยท Multi-timeframe confluence
โ ๏ธ Technical analysis: The daily and 4-hour EMAs are both in a bullish alignment and trending upward, pointing in the same direction and creating multi-timeframe confluence. The trend has a solid foundation. The daily ADX is as high as 45.8, indicating a very strong larger-timeframe uptrend; the 4-hour ADX is only 19.7, so short-term momentum is still building. The current price is 86140, not far from the resistance at 87385. A breakout on strong volume could open up further upside, while the support at 75975 is a key line of defense. The volume ratio is relatively low at 0.78; ideally, volume should pick up before the price attempts a breakout.
๐ข Market update: CryptoQuant CEO Ki Young Ju declared that the "bull market has begun," forecasting that BTC could rise another 3 to 5 times during this cycle. Meanwhile, Strive has put $169 million into adding 2,000 BTC to its holdingsโa clear sign of institutional buying on the dip that has boosted market confidence.
โโโโโโโโโโโโโโโโโโโโ
๐ Follow for the latest market moves ๐
#ๆๆฏๅๆ #ๅคๅจๆๅ ฑๆฏ #Strive spends $169 million to add 2,000 BTC to its holdings #BTC
๐ When trading, pay attention to whether the candlestick patterns align
