$BTC Bitcoin price action is strong; the current price is trading around 78,270, with short-term long momentum continuing to release, and the price is approaching the previous high.


Resistance above is concentrated in the 78,500–79,000 range, with the stronger resistance at 79,444 (the previous high). Support below is first seen at the 78,000 area; if that level is lost, then look toward around 77,500.
The 1-hour MACD red bars continue to shrink. The 4-hour price has re-entered the rising channel, and the overall rebound trend is still ongoing. In the short term, the main view is consolidation with a slightly bullish bias. Bitcoin: be cautious with heavy short positions and do not open a large short with heavy size. #美国寻求战略比特币储备 $BTC
BTC0.53%
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