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Bitcoin's largest single-day increase in nearly three years has formed a strong deep V-shaped reversal, marking a key shift in the bulls and bears pattern. The daily chart closed with a large bullish candle, covering the previous day's decline. The 4-hour chart broke through the downtrend line and stabilized above the $68,000 neckline. The hourly chart shows a small bullish candle steadily pushing higher, with volume contraction indicating that the main trend is leading the rebound. Currently, the price is oscillating at high levels, building momentum.
Saturday midday:
Around 70,800-70,200 watch: 71,900-72,700
Around 2,080-2,050 watch: 2,130-2,170
Understanding always comes at a price. When you understand, it means you've experienced the ups and downs of the world and the waves of emotions. But if you don't experience it, you'll never truly understand. $BTC $ETH