📊May 13th BTC Latest Strategy Analysis

BTC: Currently, on the 15-minute chart, the price retraced to the lower band of the Bollinger Bands and quickly stabilized and rebounded. The Bollinger Bands are showing a converging upward trend, with the middle band gradually turning into support. In the short term, it is in a phase of bottoming out and rallying, with bulls gathering strength;
MA7 and MA30 moving averages are turning upward, forming strong support. The MACD red histogram continues to expand, indicating sufficient bullish momentum. The volume shows a healthy pattern of decreasing during pullbacks and increasing during rallies, with higher lows, suggesting a strong continuation of the bullish trend.
📈Bullish Logic: The support zone below 80,800-81,000 is a strong intraday support area. When the price retraces to this zone and is supported by the lower Bollinger Band and previous consolidation platform, it stabilizes and continues upward. If the price remains above the middle Bollinger Band at 81,475, it is likely to continue rallying, with the first target at 81,800. After breaking through, it can aim for the 82,200-82,600 range, and in extreme cases, test the previous high at 83,000.
⚠Risk Warning: If the price falls back below the key support level of 80,500, and the MACD red histogram rapidly shrinks while volume continues to sell off, the bullish trend may reverse quickly. Caution is needed as the market could fall back to the 80,400-80,000 range. Strict stop-loss measures should be set to avoid trend reversal risks.
🎯Main Strategy: Bullish bias
• Entry Range: 80,500-80,800
• First Target: 81,800
• Second Target: 82,200
• Stop-Loss: 80,200