Evening Bitcoin Roadmap Analysis!

Many friends are asking if Bitcoin has completely reversed. I want to clarify: it hasn't. Currently, it's just a short-term rebound on the hourly level. Don't get FOMO and blindly enter the market just because of a big rise.

A bear market is never a straight decline; violent rebounds often occur along the way. This is a typical bear market rebound. I mentioned in my afternoon video that there is a breakout opportunity on the hourly level, and those who followed have already benefited.

This wave of upward movement follows a clear pattern: a quick surge first, then forming a bullish flag pattern. A downward-opening flag is a clear bullish signal; at the same time, a Morning Star candlestick pattern appears near the 67,320 support level. The combination of these two signals provides a low-entry opportunity for long positions. I advised entering early, taking profits around $4,836, and exiting the market. By the time others react and chase higher, we've already secured our gains.

After breaking out of the flag pattern, the price successfully broke through the 68,919 resistance level and even hit a new high of 70,105, showing a very strong trend. The key level now is 70,939. As long as it doesn't fall below this, it can stay above 70,000 steadily; if it breaks below, it will retest 70,105, and only a further breakdown would lead to a continued decline.

Currently, Bitcoin is approaching the daily resistance level at 71,782. Only if it stabilizes and breaks through can it have a chance to push toward 72,638-73,568. If it can't break through, it will enter consolidation, waiting for a direction to be chosen.

$BTC Trading reference: A volume breakout above 72,142. Aggressive traders can add a small position to chase the long side; conservative traders wait for a retest before entering; if volume drops below 71,003 and can't recover, consider shorting; on the 4-hour chart, a breakdown below 71,010 suggests looking at 70,081-69,267 below.