The market direction has been very clear these past two days—bulls are firing on all cylinders! It shot straight up from 85200, and yesterday a large bullish candlestick broke through the consolidation range, clearly signaling from the main force: if it doesn't drop, then it will continue to rise! The price is currently consolidating around 91000, which is not a sign of weakening; rather, it's ‘catching its breath’ to digest the gains and build up strength for the next wave of increases!
Trading suggestion: Buy around 90200-90400. Defend 89800, target 93000
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BTC morning chart analysis:
The market direction has been very clear these past two days—bulls are firing on all cylinders! It shot straight up from 85200, and yesterday a large bullish candlestick broke through the consolidation range, clearly signaling from the main force: if it doesn't drop, then it will continue to rise! The price is currently consolidating around 91000, which is not a sign of weakening; rather, it's ‘catching its breath’ to digest the gains and build up strength for the next wave of increases!
Trading suggestion: Buy around 90200-90400.
Defend 89800, target 93000