Bitcoin
Analyzing the daily chart, bitcoin (BTC) displays a bullish pattern with consistently higher lows and higher highs, indicating a robust uptrend. The latest rise breaking past potential resistance levels suggests a fervent buying interest among traders. However, the wisdom of waiting for a retracement or consolidation becomes apparent, aiming to avoid entering a peak post-major bullish run-up. The 4-hour chart offers a detailed perspective of bitcoin’s ongoing ascent, backed by an increasing trading volume—a bullish signal.
