Bitcoin outlook for today:



From the 4-hour Bollinger Bands perspective: the price is currently trading above the middle band, which acts as a very strong support level that it cannot fall below; the Bollinger Band gap is still widening upward, indicating a clear short-term bullish trend and ongoing upward momentum.

Regarding moving averages: several short-term moving averages (such as MA5, MA10) are all aligned upward, showing strong bullish signals and suggesting that the short-term upward pace has not yet been interrupted.

Bitcoin:
Entry zone: 70,500–71,500, gradually add long positions
Target zone: initially aim for 73,000, and after breaking through, look at 74,500
$BTC
BTC-4,84%
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