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Currently, Bitcoin is showing a converging pattern with support below and resistance above, with the daily chart continuing to print consecutive doji candles, and the bulls and bears power is moving toward balance. In this situation, we prefer—sell high and buy low within the trading range!
Bitcoin: Buy the dip during the pullback at 79,600-80,100, with a target of 81,000-82,000; if it breaks through 81,000 but meets resistance, you can choose to do a small light test near there, targeting 79,500.
From May Day until now, Bitcoin has been pushed from around 75k to near 81k. It’s also reasonable to slow down at this point, as the profit-taking needs to be digested, and we should also wait for new catalysts to show up.
The current market view is actually very clear: support at 79k below and pressure at 82k above. 79k is the 20-day EMA—if it breaks, it will go to 75k-77k to find support. 82k is the 200-day EMA, and it’s also the mid-term bull-bear dividing line. If price surges through it, upside space opens up. $BTC #Gate广场五月交易分享