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5.5 Morning Bitcoin Market Outlook
After Bitcoin surged to 80,750, it pulled back and dipped to a low of 78,151. Currently, it is weak and consolidating in a range, with bears dominating. The intraday focus is to sell rallies on high points.
Trading suggestions:
Sell short in the 80,200-80,700 rebound range, targeting 78,500. If it breaks down, watch 78,000→77500$BTC $ETH