Morning BTC strategy

BTC continues to strengthen, after rising to a new high of 113760 in the early morning, it broke the record again in the morning session reaching 116800, with an intraday increase of 6000 points and bullish sentiment soaring.

From the hourly chart, BTC price has strongly broken through the upper Bollinger Band resistance, causing the middle and upper bands to rise simultaneously. After recovering from a bullish candlestick with a longer upper shadow, there has been a slight pullback in price, and bullish momentum is gradually slowing down. Currently, bearish pressure is gradually intensifying, and a pullback is expected in the future market. Always pay attention to market changes and operate accordingly.


It is recommended to go long near BTC 116000-115500, aiming for a breakthrough near 118000. #BTC#