Recently, Bitcoin's daily chart has formed a quite beautiful large bullish candle, with the overall rhythm being very steady. Whenever there is a pullback, a large bullish candle immediately takes off. This kind of movement clearly signals strength. Looking at the moving average system, it remains in an upward trend, with each pullback firmly staying above the moving averages—this is a typical super buy pattern. A single large bullish candle engulfs the previous bearish candle, and breaking upwards has become a certainty. The pullback space is strictly controlled.
From a technical perspective, the 92,500-93,000 range is a key support level, while 94,300-95,600 is a recent resistance zone. If this pressure zone can be effectively broken through, there is still room for further upward movement. Currently, as long as the moving averages are not broken, the opportunity for a rebound always exists.
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0xSunnyDay
· 16h ago
A series of bullish candles one after another, this rhythm is really intense. I'm just worried that when a pullback happens, those people will start shouting "crash" again haha
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wrekt_but_learning
· 17h ago
This wave of market looks really good, I like the rhythm of the big bullish candle directly hitting the limit. Just worried it might be a fake move again, everyone says that and it ends up crashing...
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CountdownToBroke
· 01-08 10:27
It's the same old "as long as the moving average isn't broken," I've heard that too many times. And what happened? A single bullish candle can only say so much; I'm just worried about a black swan coming at night.
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GweiWatcher
· 01-07 19:20
Bro, this chart looks really good. One big bullish candle after another, but I just feel like I've been scammed too many times before.
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Hash_Bandit
· 01-07 01:49
ngl, been through enough cycles to know when people are getting too bullish on a single candle lol. those support levels sound solid tho, 92.5k actually reminds me of similar consolidation zones back in the day. just saying... network difficulty just adjusted upward again, so real demand might be different from what charts tell u
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just_vibin_onchain
· 01-07 01:46
Another big bullish candle taking off directly? Man, how many times do you need to trick me before I fall for it once?
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ContractTearjerker
· 01-07 01:37
It's the same old "inevitable" and "fixed pattern" again. How did it fail last time when you said it like that?
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VitaliksTwin
· 01-07 01:35
Another big bullish candle. Every time, we say this time is different, but what's the result? Let's see if 92,500 holds or not.
Recently, Bitcoin's daily chart has formed a quite beautiful large bullish candle, with the overall rhythm being very steady. Whenever there is a pullback, a large bullish candle immediately takes off. This kind of movement clearly signals strength. Looking at the moving average system, it remains in an upward trend, with each pullback firmly staying above the moving averages—this is a typical super buy pattern. A single large bullish candle engulfs the previous bearish candle, and breaking upwards has become a certainty. The pullback space is strictly controlled.
From a technical perspective, the 92,500-93,000 range is a key support level, while 94,300-95,600 is a recent resistance zone. If this pressure zone can be effectively broken through, there is still room for further upward movement. Currently, as long as the moving averages are not broken, the opportunity for a rebound always exists.