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Yesterday, Bitcoin’s price movement shared with everyone a clear trading idea, and the market presented its outlook.
From the current market structure, the daily chart continues to maintain a series of rising bullish candles and an upward channel pattern. It has repeatedly tested the resistance overhead, and the head volume/volume reserve is sufficient; each pullback is an opportunity to build momentum for a push higher.
Currently, the market is undergoing a normal retracement correction after an uptrend. The four-hour structure is even stronger: lows keep getting raised and highs keep getting refreshed, fully confirming a bullish-dominated pattern.
In the short term, it still follows the range highs and lows to track along with the trend. Only after key levels are effectively broken should you look for trend continuation.
Trading suggestion: go long at 80500-81000, defend at 80000, and target around 83000. #MARA一季度净亏损13亿美元 $BTC