$BTC Crypto Academy academician: Can the July 11 BTC (Bitcoin) moving average and Bollinger Band dual signals trigger a breakout? Latest market analysis and trading recommendations explained


  
Current Bitcoin price is 64000, ranging and oscillating repeatedly. The fight between North and South is extremely intense, and there is no one-directional trend in the short term. Going north: prioritize waiting for a pullback to support before going long low; going south: only try a brief short when price is at strong resistance above. A stop-loss is the bottom line of trading—no matter whether you are long or short, you must set it in advance. Don’t cling to hope or try to hold through losses just because you think things might turn in your favor. In a ranging market, the profit space is limited—take profits when you see them, and don’t get greedy to chase the absolute top/bottom. Keep a tight grip on the urge to trade too frequently; follow your plan strictly, execute the strategy step by step, and only then can you protect your principal and accumulate returns while the market keeps shaking you up and down.
  
The daily K-line is currently hovering near the 23.6% Fibonacci resistance level of the prior down-leg, and it is also in the rebound zone above the daily EMA15. The moving average system is still aligned in a southward (downward) configuration: the EMA30, 60, and 90 are spreading downward, indicating that the downside pressure from the larger trend has not been fully lifted. After the MACD indicator’s DIF and DEA form a golden cross below the zero axis, the red histogram bars keep expanding, showing that short-term rebound momentum has strengthened somewhat. The Bollinger Band midline has already been firmly established, the upper band forms the current strong resistance, and the lower band is the key support below. Overall, it is in a slightly upper-band ranging phase after a squeeze.
  
The 4-hour K-line has already broken above the previous rebound high, and with price standing above all EMA moving averages, the short-term trend is clearly biased bullish. After the price touched the 23.6% Fibonacci resistance level at 63882, it pulled back slightly. It is currently consolidating above this resistance level. The MACD indicator’s DIF is running above the DEA, and the red histogram continues to release, indicating that northbound momentum is still continuing. The Bollinger Band midline at 63118 has turned upward; the upper band at 64663 and the lower band at 61573 have opened upward. Price is near the upper band of the Bollinger range. There is still some room for the short term to probe higher, but you must be alert to the risk that resistance levels pull price back.
  
Short-term reference:
  
As long as 63500 to 63000 does not break downward for a northbound setup, stop-loss at 62500; targets 64500 to 65500
  
As long as 65000 to 65500 does not break downward for a southbound setup, stop-loss at 66000; targets 64000 to 63500
  
Specific operations should mainly follow real-time order book data. For more information, you can consult the author. Please note the article has a publication delay, and the advice is for reference only—risk is yours to bear ‌ #美股AI概念股普涨
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