5.9 Bitcoin Public Outlook


Market Analysis
Currently, Bitcoin is oscillating strongly around 80,400, with the short-term bullish trend continuing, favoring a low-buying strategy in line with the trend.

The 15-minute Bollinger Bands upper band is opening upward, with the price steadily rising along the upper band, indicating bullish momentum is dominant, and the short-term trend is clearly strong.
The 4-hour Bollinger Bands are still opening downward, with the price trading below the middle band (around 80,700), suggesting the major trend has not fully reversed; this is only a technical correction after a decline.

Key Levels
Resistance: 80,800-81,000
Strong Resistance: 81,500-81,800
Support: 79,300-79,500
Strong Support: Near 78,500

Trading Suggestions:
A rebound to around 79,700-80,200 can be a long entry.
🚀 First target: 81,000-81,500
🚀 Second target: 81,500-82,500
If the price revisits around 79,700 and cannot stabilize or rebound, then adjust your strategy to pursue short positions accordingly.
#BTC重返8万 $BTC #ArthurHayes看好山寨币
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