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7.2 Bitcoin (BTC) Morning View
Bitcoin is still in a bullish pattern on the 1-hour large cycle. After bottoming at 57758, it completed a strong rebound, surged to 61322, and then entered a high-level pullback and washout. The mid-term uptrend structure is intact and has not reversed to bearish.
The DIF continues to stay above the DEA, with both lines running steadily above the zero axis, indicating overall bullish dominance in the market.
Core support: 59567, 59327; Resistance: 60139, 61322.
Trading Suggestions
Go long in the 59300-59600 range, with targets at 60330 and 60925. #BTC $BTC