Wednesday Night Bitcoin and Altcoin Strategy


Bitcoin's daily chart shows the price stabilizing above the MA5 and MA20 moving averages, with the moving averages in a bullish alignment. Support levels below are clear during pullbacks, and the medium-term upward trend remains intact.

The 4-hour chart forms a converging triangle consolidation pattern, currently approaching the upper boundary breakout threshold; the weekly MACD indicator shows a bullish crossover upward, with upward momentum continuously building.

Evening Trading Strategy
Bitcoin pulls back to the 87,600-88,500 range, with a target of 89,500 and an upside target of 91,000.
Altcoin pulls back to the 2,930-2,960 range, with a target of 3,000 and an upside target of 3,080.
BTC0,54%
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