5.1 Bitcoin (BTC) Strategy



On the daily chart, after three consecutive bearish candles, Bitcoin experienced a technical rebound following a pullback, with the overall support provided by the middle band of the Bollinger Bands. The key focus for the near future is to stabilize within the 75,500-76,000 range; if the price retraces but does not break below this zone, the upward trend still has room to continue.

On the 4-hour chart, the price is oscillating around the middle and lower bands of the Bollinger Bands, with KDJ and MACD both showing bullish crossovers. The Bollinger Band lower band is turning upward, significantly reducing the downward space. Once confirmed to stabilize, the price is likely to break above the middle band and re-enter the upward channel.

In terms of operation, rely on the Bollinger Band lower band for long positions, mainly adopting a low-buying strategy. Be patient and wait for a safe signal at the retracement support level before following the trend.

For Bitcoin, it is recommended to buy long positions within the 75,500-76,000 range, with a stop loss at 75,000. The short-term target is around 77,500, with a breakout aiming for 78,500.
BTC1.59%
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