2026-5-13

Let's see if the daily chart of Bitcoin can switch to above 80,750; if yes, then slightly bullish, if not, then slightly bearish.
If it recovers above 81,200, then tonight's break below is a false break, and if it can't recover, the probability of a correction starting after the 15th increases.
If you want to do a swing (holding for a slightly longer time) long position or spot trading, it's not very worth buying before Bitcoin drops 6.5-9% from its previous high.
A 1-hour 4% move can be traded for a rebound, but there's no way to hold it long-term.
To do swing trading (buy low, sell high), you need patience (waiting for 1-2 opportunities per month) and some courage (when there's a big drop, always see it as a bear market, expecting even lower lows, and overcome this fear).
Short-term trading shouldn't have a big-picture mindset; don't start thinking about unrealistic take-profit levels just because the trend is favorable, as the more you look at higher targets, the more regret you'll have after a retracement.
Watch for a pullback around 80,378-80,472 (of course, I also mentioned that if it pulls back, it should hold above 80,500 and not break below).