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Bitcoin Market Analysis (Daytime, July 15)
Bitcoin maintains an upward trend on the 15-minute chart, with price holding steady above the 7-day and 30-day moving averages. The gradually rising lowest point has strong resistance at 65130.
In the short term, there is a mild consolidation phase. Consider buying when the price dips to around 64500, with a stop-loss at 64200.
There is a risk of volatility due to tonight’s PPI data. Although the current bullish momentum remains stable, avoid chasing price increases if you encounter resistance. Use a small position with a stop-loss order to protect yourself from a sharp drop after the data release.
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