The recent trends in the Bitcoin market are noteworthy. In the range of 115000 to 115500, the bullish momentum has clearly strengthened, and the market generally expects the next target price to reach 117000.



Observing the market in recent days, the overall trend of Bitcoin has significantly strengthened. It is noteworthy that the pullback after each rise has been relatively small, which is usually seen as a consolidation pattern during an upward movement. In other words, the market is experiencing a cycle of "rally - sideways consolidation - rally".

In the early hours, Bitcoin surged again to the 116,000 mark, and then the bulls began to gather momentum. Investors should closely monitor the support situation at the 115,000 level this evening. If this support holds, Bitcoin is likely to launch a new round of attacks towards the 118,000 position.

The current cryptocurrency market is showing an overall rebound trend, with BNB performing particularly well, having reached a new high. These factors together have driven a positive atmosphere in the market, providing strong support for the continued rise of Bitcoin.

However, investors still need to remain cautious, closely monitor market trends, and manage risks effectively. The cryptocurrency market has always been highly volatile, and any unexpected events can lead to a sudden downturn in prices.
BTC0.08%
BNB1.05%
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GateUser-e51e87c7vip
· 7h ago
This market is like a shuttle!
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AlwaysAnonvip
· 7h ago
Looks like you got Rekt being all bearish, haha.
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GhostChainLoyalistvip
· 7h ago
buy the dip buy in the middle of the mountain?
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SelfRuggervip
· 7h ago
The bull trend has arrived, just waiting for the dumping.
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RektButAlivevip
· 7h ago
It's time to rise again! Let's see who can hold on without playing people for suckers.
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