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5.10 Morning Bitcoin Chart 🍜 Shiyuan's View Bitcoin surged higher and then pulled back; the buying opportunity is here!
From the 4-hour K-line chart, Bitcoin has recently shown a pattern of rising sharply and then retracing:
This round of rally faced resistance and pulled back near 82828.7, then entered a consolidation and correction phase, currently hovering around 80660.7, in a technical consolidation window after the previous rally. In the MACD indicator, the short-term resistance above: 81500-82000 range, is a resistance level tested multiple times during the previous correction, and also a key threshold for the bulls to re-attack. Support: 80000-79500 range, is an important stabilization level during this rally. If this range can hold, the relatively strong structure will not be broken.
Bitcoin suggestion: When retesting and stabilizing around 80000-80300, consider entering a light position, targeting the 81500-82000 range, with a stop below 79500.
$BTC $GT $ETH
#BTC重返8万
#韩国加密征税倒计时
#Circle增发2.5亿枚USDC