5.13 Bitcoin Public Thinking

Market Analysis
Currently, Bitcoin is oscillating around 81,000 with a slight strength, and the short-term bullish momentum continues. Overall, it is preferable to follow the trend and buy on dips, with caution when chasing high positions.

From the 15-minute timeframe, the upper band of the Bollinger Bands is continuously opening upward, and the price is steadily rising along the upper band. After testing the low of 79,801 early in the session and stabilizing, it rebounded all the way up, indicating a clear short-term bullish rhythm.

On the 4-hour timeframe, the middle band of the Bollinger Bands is around 81,000, and the price has now returned above the middle band, indicating that the technical correction after the decline has been completed. The bulls have the momentum to continue the rebound, but the upper Bollinger Band still exerts resistance, so caution is needed to prevent a pullback after a rise.

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

Trading Suggestions
If the price retraces to stabilize around 80,500-80,800, consider following the upward trend:
🚀 First target: 81,700-82,000
🚀 Second target: 82,500-83,000
If the price fails to stabilize and rebound around 80,000, and volume increases with a break below 79,800, then adjust your strategy and consider short positions.
#比特币市占率回升至58.5% #美国4月CPI上涨3.8% $BTC $GT