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5.11 Bitcoin rebounds and rises in the morning 📈 What to do next ❓
Bitcoin is temporarily fluctuating between 80k and 83,000. Can it continue to rise?
The 4-hour price has started to rebound from the support level around 748.
After stabilizing above 80k, the support bottom gradually rises. MACD has shifted from convergence to divergence.
A golden cross followed by an enlarged bullish candle indicates potential for short-term oscillation, correction, or breakout.
Currently, the resistance above 83,000 has not provided an opportunity to break through. It has retreated to the 80,000 range and co
BTC0.82%
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Good evening, everyone!
The current price of Bitcoin is fluctuating around 76,700.
The trading advice is still mainly to short on rebounds.
In a ranging market, rebounds are slow, but it doesn’t affect everyone from doing it.
Enter short positions in the 77,500–78,000 range.
The target can be seen at 76,000–74800$BTC #比特币突破7.9万美元
BTC0.82%
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4.27
Understanding the essence of trading will reveal that win rate is just an illusion
Risk-reward management is the key to long-term survival
High-quality hidden entry points
Often appear when market judgments are contradictory
Born during phases filled with unknown panic
Abandon the obsession with consecutive wins
Strictly follow the rules
Accept right and wrong calmly
Profits will come naturally
Friends who are shorting above strategy 78
Should pay attention to reducing positions and protecting gains before chasing profits
This wave, I plan to take profits below 70k
BTC0.82%
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$BTC Bitcoin's price this week has been steadily declining from 72,000.
It has now bottomed out at the daily support level of 65,000. Try to avoid chasing the market or panic selling.
The previous low support is currently at 65,681 and 65,500.
In the short term, there has been a 4-hour level of consolidation and rebound.
If this candlestick continues to close above 66,000, it is unlikely to move downward to test the bottom in the near future.
Most likely, over the weekend, the market will consolidate and oscillate upward to recover from the oversold area. After a sharp decline, cons
BTC0.83%
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