5.12 Bitcoin Charting Ideas

Market Analysis
Currently, Bitcoin is oscillating around 81,100 and pulling back, with short-term bullish momentum weakening. Overall, the primary strategy is to short on rebounds and buy on dips.

The 4-hour Bollinger Bands show that after the price surged above 82,000 and faced resistance, it has pulled back. It is now oscillating near the middle band. The upper band is beginning to flatten, indicating a slowdown in the short-term upward pace and a sign of potential stagnation at high levels. The MACD red bars are continuously shrinking, showing diminishing bullish momentum. Caution is advised for further pullback after a rally.

Key Levels
Resistance: 81,600-81,800
Strong Resistance: 82,000-82,300
Support: 80,700-80,500
Strong Support: 80,000-79,800

Trading Suggestions
If the price rebounds to around 81,400-81,700 and shows signs of stagnation, consider shorting on the way down:
🚀 First target: 80,800-80,500
🚀 Second target: 80,000-79,000
If the price rebounds and stabilizes above 82,000 with no clear signs of stagnation, adjust your strategy accordingly.
#特朗普5月13日访华 $BTC #TROLL两日涨超160% $GT