The weekly chart of Bitcoin shows a positive upward signal. The flag breakout on the daily chart level constitutes an effective breakthrough of the key resistance level, and technical indicators remain bullish. From a multi-timeframe perspective, mainstream cryptocurrencies such as Bitcoin and Ethereum exhibit similar technical pattern characteristics. Such flag breakouts often indicate subsequent upward momentum, and it is worth paying attention to the subsequent price performance and volume confirmation. In terms of commodities, the correlated performance of assets like Brent crude oil, spot gold, and the Turkish lira also reflects the current market sentiment.
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TokenToaster
· 4h ago
The flag breakout is here again. Is this really the real deal this time, or is it just another trick to make me cut my losses?
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fren.eth
· 4h ago
The flag breakout is back again. Every time I say this... but the result? It still depends on whether it can hold steady afterward.
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MevSandwich
· 4h ago
Flag breakout, I've heard this explanation too many times. Every time they say it will go up, but what’s the result? The real issue is whether the trading volume confirms it, that's the key.
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BlockchainBard
· 4h ago
The flag breakout theory has been heard too many times. The last time it was mentioned, the coin dropped by twenty points.
The weekly chart of Bitcoin shows a positive upward signal. The flag breakout on the daily chart level constitutes an effective breakthrough of the key resistance level, and technical indicators remain bullish. From a multi-timeframe perspective, mainstream cryptocurrencies such as Bitcoin and Ethereum exhibit similar technical pattern characteristics. Such flag breakouts often indicate subsequent upward momentum, and it is worth paying attention to the subsequent price performance and volume confirmation. In terms of commodities, the correlated performance of assets like Brent crude oil, spot gold, and the Turkish lira also reflects the current market sentiment.