5.13 Jiang Yu Heng Bitcoin Thinks in the Morning



The overnight Bitcoin dropped to the key support at 79,800 and quickly rebounded, returning near 80,500, with strong support below and declining downward momentum. The daily moving averages provide solid support, indicators continue to recover, and bullish signals gradually appear, but it is still a corrective rebound after a decline, not yet forming a strong reversal.

Trading suggestions:
Buy on dips around 79,600-80,100 with a target of 81,500-83,000; if the rebound encounters resistance at 81,800-82,500, consider shorting; if it breaks below 79,300, abandon long positions, strictly control positions, and trade in line with the trend. #Gate广场五月交易分享
BTC-0,09%
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