đžBITCOIN IS RETURNING TO THE GAME
Bitcoin has emerged from a 57-day consolidation and closed the day above $94,000. This is already the 4th similar scenario in this cycle.
đąPreviously, consolidations lasted 49â63 days, and each time after them, BTC rose. Now, there is again 56 days of sideways movement and the structure is repeating itself.
đŽThe price is forming higher lows and highs
đŽBTC is holding above the long-term trend
đŽMACD the sellers' pressure is decreasing, which is often a sign of a breakout
đŽRSI (weekly) hidden bullish divergence
đThe market has already cleared out the excess leverage, and the weak hands have exited. Bitcoin still has fuel. A strong movement could be imminent.
#MarketRebound #StrategyBTCPurchase #CZ #WriteToEarnUpgrade #BTCVSGOLD
$BTC
Bitcoin has emerged from a 57-day consolidation and closed the day above $94,000. This is already the 4th similar scenario in this cycle.
đąPreviously, consolidations lasted 49â63 days, and each time after them, BTC rose. Now, there is again 56 days of sideways movement and the structure is repeating itself.
đŽThe price is forming higher lows and highs
đŽBTC is holding above the long-term trend
đŽMACD the sellers' pressure is decreasing, which is often a sign of a breakout
đŽRSI (weekly) hidden bullish divergence
đThe market has already cleared out the excess leverage, and the weak hands have exited. Bitcoin still has fuel. A strong movement could be imminent.
#MarketRebound #StrategyBTCPurchase #CZ #WriteToEarnUpgrade #BTCVSGOLD
$BTC