It's Monday again. Over the weekend, Bitcoin has been in a state of oscillation, with the price steadily staying above 80,000. Every dip has been followed by a rebound, with strong support below, and the overall bullish trend dominates.



In the early hours, the price surged with volume, reaching a high of 82,000. From a technical perspective, the short-term moving averages are all trending upward. The 1-hour KDJ indicator is turning upward, forming a golden cross. The MACD bullish momentum is above the zero line, with the green bars gradually increasing, indicating strong bullish strength. There is a possibility of further upward movement at any time!

Bitcoin is recommended to go long, with a target of 83,000-83,500.
BTC-0.07%
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