🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
[📈0327 BTC Market Analysis 📈]
Although the BTC weekly line closed below the 2021 historical high, it is not considered a declining trend due to the strong closing pattern, and it is still bullish in the short term
At present, two hours ago, there was a test near the historical high of 2021, and the subsequent rapid recovery is also a good performance, and the handicap is also showing a volume increase in price, although a small divergence may lead to subsequent consolidation, but if it can continue to maintain above 68,900-69,100 for consolidation, it is also a good development
At the current hourly level, there is another downward test, and the key level is to observe the price action at the previous historical highs (68,900-69,100):
📍 If you can recover after retesting, or consolidate above this position, you can try to enter the market for a short long
📍 If there is a price behavior that breaks down directly and closes offline, then it is necessary to change the thinking to short
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