Friday Evening Bitcoin Analysis:
I. Support Structure
Short-term strong support: 4h long lower shadow positive line confirms strong buying pressure, daily chart constructs W-bottom pattern.
II. Bullish Technical Signals
Daily MACD golden cross continuation, large timeframe bullish trend unchanged;
4h MACD green column contraction, bearish momentum exhaustion;
RSI bottom divergence, downside momentum weakening;
Price holding above 4h EMA7, short-term moving average turning up, rebound signal confirmed.
Bitcoin 🫓: Pullback to 70000-69500 can head north
1️⃣: 71000
2️⃣: 73000 (cautious)
$BTC #加密