#BTC 1.14 Early Morning Bitcoin & Altcoin Core Strategy



Bitcoin 4-hour timeframe: The price has been oscillating around the middle band of the Bollinger Bands for an extended period, building momentum. In the evening, a strong upward move with increased volume broke through the upper band, forming a short-term overbought condition. The Bollinger Bands are widening rapidly, indicating that the bulls are fully in control of the market. The upward trend is once again solidified; although there is a slight correction needed for consolidation, the bullish pattern remains unchanged, and the trend direction is clear.

Hourly timeframe: The price shows a oscillating upward trend, moving higher while consolidating. This not only confirms the strength of the bulls in controlling the market but also releases room and momentum for further upward exploration. The short-term bullish outlook remains firm and unwavering.

Trading Recommendations

✅ Bitcoin: Buy the dip around 92,800, target near 94,000
✅ Altcoin: Buy the dip around 3,150, target near 3,250
BTC4,37%
ETH6,71%
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