#Gate广场五月交易分享 Bitcoin Trading Strategy


Bitcoin quickly pulled back after reaching around 82,800, forming a clear downward trend. The current price is around 80,270, in a weak oscillation correction after a high-level pullback. The first resistance level above is near 80,800, which is also the middle band of the 4-hour Bollinger Bands. If it cannot break through effectively, the market is likely to face resistance and pull back again. Another point to watch is the support around 79,600. If it can stabilize at this level, the market may start a rebound correction. If the support is broken, the downtrend will extend, with a target range of 78,400 to 78,000.
Recommendation: Short positions around 80,250-80,750, targeting 79,500-79,600. If broken, look for a decline to 78,400-78,200. If not broken, reverse to long positions.

Market changes rapidly; strategies are for reference only. Use stop-loss and take-profit orders wisely.
BTC0.14%
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sodaiu0706
· 3h ago
Steadfast HODL💎
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sodaiu0706
· 3h ago
Buy the dip 😎
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MrFlower_XingChen
· 7h ago
To The Moon 🌕
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Yunna
· 8h ago
LFG 🔥
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ybaser
· 8h ago
Buy To Earn 💰️
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GateUser-4465610b
· 9h ago
Hop on now!🚗
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MasterChuTheOldDemonMasterChu
· 9h ago
Buy the dip 😎
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MasterChuTheOldDemonMasterChu
· 9h ago
Just charge forward 👊
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CryptoDiscovery
· 9h ago
good information for sharing 💯
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BlackBullion_Alpha
· 10h ago
Ape In 🚀
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