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The callback is just to support a stronger rally later; the bullish overall trend is heading toward new highs!
May 12th Bitcoin trading strategy:
Yesterday, after Bitcoin surged high, it quickly dropped back, but our bullish judgment was completely validated!
Late at night, it directly rallied again, with the bulls fully in control.
Currently, the price is slightly pulling back and consolidating in the short term; basically, it's taking a breather on the way up.
Overall, the price is moving higher and higher, and the major upward trend shows no signs of reversing or declining.
There are no signals indicating a reversal downward at all.
The market's main force is still bullish, and there is still plenty of room for further gains.
Trading strategy is to buy on dips and hold long positions.
Bitcoin is directly entering around 80,500-81,500 to go long, with the first target at 83,000-84,000.
If the momentum is strong enough, aim directly for 85,000!
$BTC #特朗普5月13日至15日访华