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5/9 Today’s Bitcoin public outlook:
From the trend and pattern perspective
1: Daily bullish alignment: MA30 continues rising, MA14 stabilizes and turns, and the mid-term uptrend is intact.
2: Breakout, then pullback confirmation: After breaking 80,000, it pulled back to 79,200 and quickly reclaimed it, forming an ascending relay platform with strong bid support.
3: Range-bound consolidation, biased bullish: Currently consolidating with reduced volume between 79,500 and 81,500, which is an accumulation phase, so the probability of a drop without volume is low.
Trading suggestion: Buy on a pullback to around 79,000-79,500
First target: 80,500
Second target: 82,000