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This morning's Bitcoin outlook
Operation:
Buy more in the 637-640 range, defend at 632
Target 645-650, if broken look for above 655
The daily bullish structure of Bitcoin is intact, and the pullback is not a reversal, but more like a high-level handover and buildup.
637-640 is a support after the breakout, also in the resonance zone of the retracement structure—buying low here offers a high cost-performance ratio.
Set the stop at 632, which is a recent structural low point; a break indicates the bullish momentum has failed, and exit discipline should be followed.
Use a few hundred points of risk to aim for over a thousand points of potential profit; the core of this trade is: wait for signals at the support zone, and make a well-placed, favorable trend-following buy-in. Don’t chase blindly, don’t hold onto losing positions. $BTC #我的Gate交易时刻