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Bitcoin’s current Bollinger Band middle line is still trending upward. The short-term bullish trend has not been fully broken. If it can stabilize after a pullback to the lower band, it will most likely rebound toward the middle band and upper band.
Bullish Silk Road Analysis
Entry zone: 80,500–80,800 (pull back to the Bollinger Band lower support and not break the previous consolidation platform)
Stop target: 81,800–82,200 (corresponding to the Bollinger Band upper resistance level and the previous secondary high)
Stop-loss point: 79,800 (below the recent key low of 79,137.4, the defense level is broken, confirming the trend has weakened) #CryptoCircle#区块链