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5.12 Bitcoin midday analysis and review Weak rebound, sideways decline
Reviewing the morning Xin Xin Kong Dan's idea, the plan was fulfilled as expected, and the brothers who followed safely gained 600 points of space.
Above 81300, selling pressure is heavy, and the rebound volume is insufficient. The KDJ is overbought and has flattened, the momentum of the dip is exhausted, and a pullback is imminent. The second attempt to top out failed, the upward structure is weak, and the 81000 support is tested repeatedly. The Kong head pattern could start at any time, do not chase the dip.
Trading suggestions:
Watch for a rebound of Bitcoin to the 81500-81800 range mainly for Kong, with a stop loss above 82000, and initially target 80600-80700.
$BTC $ETH #TROLL两日涨超160% #特朗普5月13日访华 #MARA一季度净亏损13亿美元