The long-term chart is currently favoring a bullish weekly trend setup. Bitcoin's opening today remained resilient, with the support level intact and not being tested. This suggests solid buying interest holding the key support zone, which could reinforce upside momentum if the weekly bias holds.
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CryptoSurvivor
· 10h ago
As long as the support level hasn't broken, it's a good sign. There's still hope in this wave.
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MeaninglessGwei
· 01-07 00:58
The support hasn't broken, the buying pressure is holding, it can go up this week.
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gas_guzzler
· 01-06 16:38
The support level hasn't been broken, indicating that the buying pressure is still holding... The probability of a continued bullish trend in this wave is indeed quite high.
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GweiWatcher
· 01-05 06:52
The support hasn't broken, buying pressure is holding, the weekly bullish pattern is still intact, this move is quite interesting.
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StillBuyingTheDip
· 01-05 06:52
The support hasn't broken, buying pressure is holding, is this the week to take off?
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LiquidationWizard
· 01-05 06:52
The support hasn't broken, the buy orders are holding. Can the bullish momentum this week continue?
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BearMarketMonk
· 01-05 06:44
The support hasn't broken, buying pressure is still there, and the weekly chart is holding up. This move is quite interesting.
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Layer2Arbitrageur
· 01-05 06:43
lmao the support holding is literally just basic order flow analysis. if you're not running real-time MEV tracking on the mempool during these pushes, you're leaving basis points on the table fr fr. the "upside momentum" thesis only works if you've optimized your entry vectors across-chain—otherwise you're just another retail bag holder waiting for confirmation.
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just_another_wallet
· 01-05 06:38
It's really good that the support didn't break; there's something to this move.
The long-term chart is currently favoring a bullish weekly trend setup. Bitcoin's opening today remained resilient, with the support level intact and not being tested. This suggests solid buying interest holding the key support zone, which could reinforce upside momentum if the weekly bias holds.