5.11 Morning BTC


Recently, after breaking through the key resistance level of 81,500, it directly surged to around 82,000, followed by a small bearish candlestick, which is a normal consolidation signal after an upward move and does not show a clear reversal pattern. The overall trend still leans towards bullish.
Overall, Bitcoin is still in a strong recovery channel, and the bullish trend has not been broken, but there is a certain need for consolidation after a short-term surge.

Morning trading suggestion: Buy near the 81,000-81,500 range, stop loss at 80,500,
Target at 82,800-83,000, and after breaking through, it can aim for higher levels.
BTC-0.04%
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