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May 25th Bitcoin Morning Public Strategy
Currently, Bitcoin is priced at 77,069, up slightly by 0.52% intraday. The market formed a complete V-shaped recovery: quickly rebounding from the low of 76,056 and reaching a high of 77,600.
On the 15-minute chart, the Bollinger Bands are opening with a "first expanding then contracting" pattern. After touching below the lower Bollinger Band at the low of 76,056, it quickly rebounded, confirming a strong short-term support zone.
Trading suggestion: Buy on dips around 76,700-76,000, with targets of 77,300-78,000.