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7.7 Tuesday Morning Bitcoin Market Analysis
After last week’s non-farm payroll report, the overall market warmed up. BTC held the bottom at 57,000 earlier on.
After falling to 61,000 overnight, it surged higher this morning and broke through 64,000. In the short term, it has been steadily rising, with further room to push toward 66,000.
The four-hour market shows continuous gains. Short-term bullish strength has strengthened, and the indicators are overall bullish—making it suitable to look for longs after a pullback.
In terms of trading:
Bitcoin: Pull back to 63,000-63,500 to go long, targeting 65,000-65,500.
Reminder:
The above analysis is Muyao’s personal analysis. The market changes rapidly, and the content is for reference only and does not constitute any investment advice!
$BTC