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On an hourly basis, Bitcoin's price quickly rebounded after retesting the support at 74,868. It is currently back above the 78,000 level. The MACD indicator's red histogram continues to expand, and the fast and slow lines remain bullish and upward, indicating that bullish momentum is still being released.
In the short term, the resistance level is first seen at the previous high of 79,455. A breakout may lead to a test of the 80,000 psychological level.
Support is focused on the 77,000-76,500 range. If retesting this area without breaking below, the bullish trend is likely to continue.
Bitcoin suggestion: buy near 77,500-76,000, with resistance at 79,400-80,000.
This is just my personal opinion for reference. Trading involves risks; please invest cautiously!
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