Decision : Open Long
Chart Analysis :
The daily chart shows that Bitcoin rejected off resistance near the $73,000 level and has pulled back to test key support around $69,000, which is aligned with the ascending trendline from recent lows. The 4-hour chart reveals that the RSI(4H) is going to oversold territory at 38.90, indicating potential for a...
Daily Trend and Momentum
Daily Moving Averages and Volume Profile
Technical Analysis:
Bitcoin continues to demonstrate strong bullish momentum on both the daily (1D) and 4-hour (4H) timeframes. The price is trading above $67,600, having successfully broken through key resistance levels around $67,000 and pushing towards the psychological $70,000...
