Bears getting punked while BTC just reaccumulates again.

BTC appears robust, especially with the 200-day simple moving average (SMA) showing such aggressiveness on the 1-hour chart, provided that the price maintains its position above it. Significant resistance is on the horizon for BTC enthusiasts, a factor that should also prompt caution among altcoin investors. Observing the Relative Strength Index (RSI), it's encouraging to note that bearish momentum was thwarted, with a reset occurring precisely within the bullish control zone (at 40). It's promising to observe that lower time frames suggest an upcoming surge in momentum.

交易進行

Did not close previous long from a few weeks ago. I'm looking to take some profits at resistance levels unless we smash it and break straight through.