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Bitcoin is demonstrating resilience near the $95,000 mark, with bullish signals emerging on CME Futures charts. Analyst Tony ‘The Bull’ Severino highlights a potential shift in market structure, though confirmation is still needed.
- Bitcoin's bullish engulfing candlestick on CME Futures hints at potential upward momentum if sustained.
- The 'Raging Bull' indicator has activated on CME Futures but not yet on the spot BTC/USD chart, requiring confirmation.
- A decisive break above $96,000–$100,000 is crucial to sustain bullish momentum and confirm market structure shifts.
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