Bitcoin Hits ATH but Momentum Is Weak
I think Bitcoin reached a new all-time high, but the rally lacked strong conviction.
Volume and momentum didn't show broad participation, so the upside feels limited for now.
I will watch for clear follow-through above resistance or for signs of distribution before changing my stance.
Analysis
Recommendation
Watch price and volume for confirmation; avoid initiating large long positions until there is clear follow-through above resistance, or consider buying on weakness with tight risk management.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.