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Bitcoin today early morning analysis
Operation:
Buy low in the 800-805 range, keep good defense
Target looks at 830-850
A surge followed by a pullback is a short-term shakeout and adjustment, the overall bullish trend remains solid
After testing the high of 82,500 and then slightly retreating, the current stage hovers around 81,500. The short-term decline is just a technical correction, the upward pattern has not been broken, and the room for further rise continues to open. In terms of operation, prioritize buying on dips during pullbacks.
The four-hour Bollinger Bands are flattening, indicating the market is building a base and gathering strength. After the energy is accumulated, the market is expected to rebound again, with short-term targets of breaking through 83,000—85,000#BTC