Will Bitcoin break through or not? The confirmed breakout of the ascending triangle above $95,000 is a signal worth noting. On the technical side, the 20-day moving average and the 50-day moving average have formed a golden cross, indicating strong short-term momentum. Even more interesting is that on-chain data is also cooperating—net outflows from exchanges show that large holders are reducing their sell-offs, and the selling pressure from long-term holders is also decreasing, which usually indicates that the buying force is gathering strength. If these conditions can be maintained, a breakthrough of Bitcoin to $107,000 is not impossible. However, the market is never short of surprises, and the market will ultimately verify the performance at key levels.
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GamefiEscapeArtist
· 4h ago
Golden cross combined with net outflow, this wave indeed looks a bit significant, but claiming 107k is a bit too bold.
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MEVSandwichMaker
· 10h ago
The golden cross is here again. Every time, they say this time is different. Alright, I'll watch.
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TeaTimeTrader
· 10h ago
Golden cross combined with on-chain data is indeed interesting, but don't get your hopes up too high for 107k.
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NeverVoteOnDAO
· 10h ago
Golden cross combined with on-chain data signals, this time it really feels different. Looking forward to holding until 107k.
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Rugpull幸存者
· 10h ago
107k? Don't get ahead of yourself. It's hard to say whether 95k can hold this position.
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On-chain data looks good, but it still depends on Bitcoin's mood.
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Both a golden cross and bottom-fishing momentum—sounds like a story. Let's wait until it breaks before making any conclusions.
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Hmm, reducing selling pressure, huh? I think it just means no one wants to sell anymore. The price has to drop further.
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Is there really a pullback above 95k? My stop-loss is already set right here.
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PrivateKeyParanoia
· 10h ago
Golden cross combined with net outflow, this combination definitely has some substance... However, 107k still feels a bit optimistic.
Will Bitcoin break through or not? The confirmed breakout of the ascending triangle above $95,000 is a signal worth noting. On the technical side, the 20-day moving average and the 50-day moving average have formed a golden cross, indicating strong short-term momentum. Even more interesting is that on-chain data is also cooperating—net outflows from exchanges show that large holders are reducing their sell-offs, and the selling pressure from long-term holders is also decreasing, which usually indicates that the buying force is gathering strength. If these conditions can be maintained, a breakthrough of Bitcoin to $107,000 is not impossible. However, the market is never short of surprises, and the market will ultimately verify the performance at key levels.