$BTC Saturday BTC Analysis



After a period of deep corrections in the early stage, market sentiment once hit rock bottom, and many people couldn't withstand the volatility and chose to exit.

From the Bollinger Bands trend, it's clear that the price has completely moved out of the weak lower band range and is steadily running above the middle band, with short-term bullish strength continuing to recover.

The bottom has formed solid support. Every minor pullback has not made a new low, and the capital absorption capacity has significantly strengthened. Those who endured the darkness and didn't cut losses prematurely are now seeing a recovery rally, with the bullish space gradually opening up.

Trading Strategy
Long near 62000, target 63000-63900.
BTC1.06%
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