Today the weekly TF closes!


Which means it’s time for market analysis.
There’s a growing feeling that the market is finally starting to wake up
❗️ But it’s too early to celebrate!
Throughout February, the market stayed at the same levels
This could have been accumulation… or just a pause before a new impulse
The 12H is trying to provide the answer now, as it’s pushing against the zero line, which has become one of the strongest resistance levels at the moment
On the 4H, the picture looks promising, but there is still no confident confirmation
This means the market is still at a decision point
Rushing here can be costly, so we give the market space to make its move
👉 Now the most important part: $BTC
Bitcoin is finally bouncing confidently from the weekly support
After several retests, the 4H has held above the zero line and this cannot be ignored
Moments like this often become the starting point for movement across the entire market
However, the question remains:
Is this the beginning of a new upward impulse… or just a final push before a pullback?
The market will give the answer very soon!
#Crypto #Bitcoin #Trading
BTC5,87%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)