The latest Bitcoin Technical Analysis shows bullish signals across multiple levels from short-term to long-term time frames.

On the hourly level, the price is above the 21 and 200 moving averages, the Bollinger Bands are slightly expanding, and the short-term outlook is bullish. It is recommended to enter long positions above 118,500, with a stop loss set at 117,750 and target prices of 119,000 and 120,000.

The 4-hour chart shows a medium-term bullish trend, with the 21 moving average (118,056) having broken through the 200 moving average (111,967), and the price continues to rise. Consider adding to positions when it retraces to 118,200, with a stop loss at 117,300 and target price levels of 121,234 and 126,221.

The daily chart shows a large bullish pattern, with the 21-day moving average (118,186) and the 200-day moving average (117,480) both trending upwards, while the price remains solidly above these two moving averages. It is recommended to wait for a breakout at 121,234 to confirm daily continuity, with a stop-loss set at 117,000 and target price levels of 126,221 and 132,924.

The weekly chart also shows a strong upward momentum, with the 200-week moving average (57,565) rising rapidly, and the price has formed a strong breakout. Long-term investors can pay attention to the breakout at 121,876; once it breaks, they can enter boldly, with a stop-loss at 100,000 and target prices set at 149,995 and 191,657.

Overall strategy recommends maintaining strict risk management, closely monitoring funding rate changes and macro risk events. As multiple time frames show bullish signals, investors can choose suitable entry points and take-profit/stop-loss levels based on their own risk appetite and investment period.

It is important to note that although the Technical Analysis shows optimism, the cryptocurrency market is highly volatile, and investors should operate with caution, not ignoring potential downside risks.