Bitcoin Morning Analysis

Although current data shows a net capital outflow of $51.81 million, Bitcoin's price remains firmly above the 64,000 level, displaying strong resilience. At the same time, the order book ratio is +10.23%, indicating a gradual recovery in buying interest, suggesting that major funds have largely completed accumulation at lower levels after volatile consolidation, and the bulls are poised to move.
Currently, Bitcoin is trading around 64,035. From the 4-hour candlestick chart, after hitting a bottom at 57,758, the market staged a strong V-shaped reversal, with bullish momentum breaking through like a bamboo. The short-term moving averages MA7 (63,441) and MA30 (62,541) have formed a golden cross and are diverging upward, providing strong support for the price. As the price has successfully broken through and held above the previous resistance level, the overall bullish structure has been established. The morning strategy is to go long on dips.
Trading Strategy
Go long near 63,300-63,800, targeting 64,500-65,000-65,500, stop loss at 62,600#btc $BTC