BTC remains volatile, going up and down unpredictably.
A double bottom support is now forming at the 15-minute short-term bottom. The 4-hour level price is about to reach the lower band; if it doesn't break the bottom, a rebound is expected. The daily level price is now touching the middle band support; overall market sentiment suggests a rebound. Therefore, a pullback to around 89,000-89,600 should be viewed as bullish, with a target of 92,500 resistance, and the long-term target remains at 95,000.
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BTC remains volatile, going up and down unpredictably.
A double bottom support is now forming at the 15-minute short-term bottom.
The 4-hour level price is about to reach the lower band; if it doesn't break the bottom, a rebound is expected.
The daily level price is now touching the middle band support; overall market sentiment suggests a rebound.
Therefore, a pullback to around 89,000-89,600 should be viewed as bullish, with a target of 92,500 resistance, and the long-term target remains at 95,000.