Morning Bitcoin Analysis



Analysis: Stabilizes around 79,300, then cautiously try longs again, with targets at 80,800-81,100
On a rebound from 80,800-81,100 that meets resistance, then follow up with short positions again, with targets at 79,800-79,300

Bitcoin is currently showing short-term sideways movement. The Bollinger Bands are narrowing and flattening, and the MACD shows a death cross, but the green histogram bars have not yet expanded. Bullish and bearish momentum is locked in a standoff—wait for a breakout above 81,300 or a drop below 79,000, then trade in line with the trend again $BTC
BTC1.04%
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