Can BTC keep going up!?
Based on the 3D chart:
BTC broke through the major resistance range of 48379.0~49763.0, reaching a high of 53094.5. BTC still has the potential to test 55746.0, but before that, a price correction may be needed.
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In terms of the four-hour chart shown above, although BTC has received support near 50500.0 multiple times, the rebound momentum is not strong, and the price has not been pushed further higher, instead showing lower highs. Pay attention to whether BTC falls below 50500.0 and the support range below 48379.0~49763.0. If BTC's price remains above this major support range(48379.0~49763.0), the chance of rising to 55746.0 is still relatively high. However, if it falls below this range(48379.0~49763.0), a larger price correction is expected.
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BTC broke through the major resistance range of 48379.0~49763.0, reaching a high of 53094.5. BTC still has the potential to test 55746.0, but before that, a price correction may be needed.
-
In terms of the four-hour chart shown above, although BTC has received support near 50500.0 multiple times, the rebound momentum is not strong, and the price has not been pushed further higher, instead showing lower highs. Pay attention to whether BTC falls below 50500.0 and the support range below 48379.0~49763.0. If BTC's price remains above this major support range(48379.0~49763.0), the chance of rising to 55746.0 is still relatively high. However, if it falls below this range(48379.0~49763.0), a larger price correction is expected.
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