Today's Bitcoin Strategy:



The daily chart has formed a W-bottom rally pattern, holding steady above the 70,000 support level. The moving averages are bullish, MACD shows a golden cross with volume expansion. A breakout above the 73,500-74,000 resistance has opened up upside potential. Funds continue to flow in, institutions are adding positions, buying pressure is strong, indicators remain bullish without reaching overbought levels, no signs of a top. Overall trend is bullish.

Bitcoin:

Long entry near 74,800-75,000, target 75,000-76,000
Stop loss: 74,300
$BTC
BTC1.28%
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