๐จ A sudden Bitcoin rally $BTC ! ๐ The bulls are smashing through the resistance! ๐๐ฅ
In a fast, unexpected move, Bitcoin $BTC surged, blasting past the $82,000 level and now trading at $82,996.00, up +0.56% and nearing the whalesโ average purchase price.
๐ The current technical battle:
โข Fighting back: After a sharp drop, buyers (the bulls) formed a very strong green rebound candle from the local low of $80,126.04.
โข Current situation: The price is now desperately trying to break through the purple MA(25) line at $83,362.79 to turn the overall trend decisively bullish.
๐ฏ Next upside targets:
โข First target: Maintain momentum and break through $83,881.
โข Main target: Soar to retest the stubborn local high at $87,395.67.
๐ก Bottom-fisherโs tip: The current rebound is strong and suggests smart whale money may be flowing in, but the battle at the MA(25) line is fierce.
Donโt chase surging green candles without protection. Rely on your own analysis, and always set a Stop Loss to protect your portfolio! ๐ก๏ธ๐ฆ
@ABO_SHAMAN
#Bitcoin #BTC #TechnicalAnalysis #WhaleActivity #BinanceSquare
In a fast, unexpected move, Bitcoin $BTC surged, blasting past the $82,000 level and now trading at $82,996.00, up +0.56% and nearing the whalesโ average purchase price.
๐ The current technical battle:
โข Fighting back: After a sharp drop, buyers (the bulls) formed a very strong green rebound candle from the local low of $80,126.04.
โข Current situation: The price is now desperately trying to break through the purple MA(25) line at $83,362.79 to turn the overall trend decisively bullish.
๐ฏ Next upside targets:
โข First target: Maintain momentum and break through $83,881.
โข Main target: Soar to retest the stubborn local high at $87,395.67.
๐ก Bottom-fisherโs tip: The current rebound is strong and suggests smart whale money may be flowing in, but the battle at the MA(25) line is fierce.
Donโt chase surging green candles without protection. Rely on your own analysis, and always set a Stop Loss to protect your portfolio! ๐ก๏ธ๐ฆ
@ABO_SHAMAN
#Bitcoin #BTC #TechnicalAnalysis #WhaleActivity #BinanceSquare