May 9 Market Analysis Support Levels First support: Around 79,500 (SAR indicator point and recent wick dip low). Strong support: Around 78,500 (bottom of the prior consolidation range). Resistance Levels First resistance: The 81,000 - 81,500 range (short-term moving average resistance and the point where rebounds get capped). Strong resistance: 82,842 (previous high point). Short-selling point suggestions Aggressive: If the price rebounds to around 81,000 and meets resistance, and the RSI has not broken above 60, you may test shorting with a small position. Conservative: If the price breaks below the 79,500 support level and the breakdown is confirmed by a close, you can follow the trend to short, with a target down to 78,500. Stop-loss suggestion: Set it above 81,800. $BTC #Saylor拟出售BTC以支付股息 $BTC ‌

#BitcoinHoldsFirmAbove80K Bitcoin has rapidly risen in recent days, surpassing the $80,000 mark and reaching up to $82,400 today, hitting the highest level in several months. This movement also caught the attention of technical analysts closely following the cryptocurrency market, such as John Bollinger. John Bollinger, the creator of the Bollinger Bands indicator, shared on his personal social media account that he now sees a positive signal for Bitcoin based on his trend model. Confidence from Bollinger John Bollinger made a recent move regarding his fund “Tactica,” which is designed for the crypto market. Bollinger announced that the fund is fully invested in Bitcoin and has opened a new position during this recent rally

Traditional markets are at all time highs and A.I. companies are leading the charge. We are far from our all time highs of Bitcoin and the crypto market at large but just imagine where we’d be right now if the trad market WASN’T ripping?