Today I attempted to sell Bitcoin with a stop-loss order placed at 116,440.38 and a take-profit order at 115,417.90. Bitcoin on the M15 timeframe: From the candlestick perspective, bullish momentum is visible, beginning to form after the price touched the lower support area. However, this bullish candlestick is still not strong enough to signal a convincing trend reversal. The price is currently moving closer to the red moving average (MA) line, which acts as dynamic resistance. This line is an important boundary, as if the price fails to break through it, the potential for further declines will be greater.