Bitcoin Trend Analysis Today

The current price of Bitcoin is 113930. The BTC oscillation pattern remains unchanged, with the price fluctuating between key support and resistance. Technically, the bullish arrangement of the moving average system and the golden cross form a strong bullish resonance, indicating that market momentum has increased. The daily line quickly rose from 109630 to 113930, forming a large positive line, breaking through the previous oscillation range and showing a strong upward trend. Multiple consecutive positive lines with long lower shadows in the 2-hour period indicate that bullish forces are dominant, but there are signs of selling pressure at high levels. The MACD daily line is in a strong bull market; the 2-hour momentum is still bullish, and the EMA is in a bullish arrangement. Overall, the short-term trend has changed significantly, and following the trend is the main trend.