Bitcoin has once again broken higher, pushing through key resistance zones and extending its bullish momentum.
After multiple attempts to reclaim the previous all-time highs, the market has finally shifted gears, with bulls regaining control amid a backdrop of improving sentiment and a strong technical structure. Now, the main question is how far can BTC reach?
Technical Analysis
The Daily Chart
On the daily timeframe, the breakout has been clean and convincing. The price surged through the $100K resistance zone, followed by a swift rally toward the $110K mark. The bullish structure remains intact, with the 100-day and 200-day moving averages providing strong dynamic support at $90K and $92K, respectively.
The RSI is currently hovering in the overbought region, which may hint at short-term cooling but does not yet show divergence. Overall, as long as BTC holds above the $108K level, the path of least resistance remains to the upside.
The 4-Hour Chart
The 4-hour chart reveals a rising c
We współpracy z: https://cryptopotato.com/bitcoin-price-analysis-is-a-short-term-pullback-inevitable-after-recent-surge/
