May 12th Bitcoin Morning Public Strategy



Currently, Bitcoin is fluctuating around 81,200. Last night, after testing a low of 80,394, it quickly rebounded, reaching a high of 82,098, indicating that the buying support below remains strong. However, after the surge, the bullish momentum has weakened, and in the short term, it is entering a consolidation and correction phase.

On the 15-minute chart, the price broke below the previous upward trend line. The KDJ indicator is retreating from high levels, and the MACD green bars are continuously expanding, suggesting short-term weakness and a need to watch the effectiveness of the support levels below.

Trading suggestion: During the pullback to the 80,800-80,500 range, consider buying in batches at lower prices, with targets between 81,800 and 82,500.
BTC0.39%
ETH-0.9%
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BrotherYan'sBit
· 1h ago
1~1~0~1~6~6~4~5~3~2=🐧
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