The BTC price is trading above the key moving averages, EMA 50 and EMA 200, signaling a strong long-term bullish trend. Additionally, the "flag" pattern, typically indicating trend continuation, has been broken to the upside. EMA 9/21 further confirm short-term bullish momentum, adding confidence to the price movement.
Trading volume suggests that major players (so-called "whales") may have manipulated the market by selling large volumes to temporarily push the price down, allowing them to buy at lower levels. This is a classic signal for potential further price growth.
The next target for this bullish move is the $136,000 level. However, it’s important to consider the risks: if the price falls back below the EMA 50, it could signal a potential trend reversal.
What do you think—will BTC hit this target in the near future? Share your thoughts and analysis in the comments below!
BTCBUSD 🚀
Trading volume suggests that major players (so-called "whales") may have manipulated the market by selling large volumes to temporarily push the price down, allowing them to buy at lower levels. This is a classic signal for potential further price growth.
The next target for this bullish move is the $136,000 level. However, it’s important to consider the risks: if the price falls back below the EMA 50, it could signal a potential trend reversal.
What do you think—will BTC hit this target in the near future? Share your thoughts and analysis in the comments below!
BTCBUSD 🚀
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.