Brain777
Bitcoin gained 5.81% on Tuesday, its biggest daily return since May 8. As the rally unfolded, a bullish engulfing pattern formed, marking the first significant structural shift on the daily chart in the fourth quarter. Traders now wonder if there is an increased chance for a sustained recovery over the coming day.
Key takeaways:
Bitcoin printed a bullish engulfing candle with its strongest daily gain since May, signaling early trend expansion.
A daily close above $96,000 is required for full bullish confirmation.
Buy-side trading surged to its highest reading of the entire bull market as the C
Key takeaways:
Bitcoin printed a bullish engulfing candle with its strongest daily gain since May, signaling early trend expansion.
A daily close above $96,000 is required for full bullish confirmation.
Buy-side trading surged to its highest reading of the entire bull market as the C
BTC-1.44%

