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5.13 Bitcoin Midday Analysis
Late at night, Bitcoin tested the 80,000 integer level, quickly rebounded after dropping to 79,800, indicating strong buying support at this price level. The bulls then pushed the market higher, regaining stability above 80,000 points, and it is now fluctuating around 81,000 points.
From a technical perspective, the daily chart shows an upward trend, with bearish momentum continuously weakening, a bottoming process, and closing with a positive candle. Indicators are gradually warming up. The 1-hour chart shows sustained bullish volume, with the MACD double moving averages below the zero line, turning upward to form a golden cross, indicating a clear rebound and upward pattern.
Bitcoin suggestion:
Go long around 80,000-80,500, targeting 82,000-82,500. #美国4月CPI上涨3.8% #沃什确认出任美联储主席