From the current chart of Bitcoin, the MACD continues to shrink with both lines converging synchronously. The bulls and bears are in a stalemate, and although the KDJ has formed a golden cross, the bullish momentum has not been fully released. It is currently in a buildup phase, ready to break out, so a pullback to buy the dip is advisable.
Morning trading suggestion: focus on buying the dip on pullbacks
Bitcoin: buy in the 92000-91500 range, with a target around 94500
For aggressive traders, enter in batches and set proper stop-loss strategies #加密市场回调 $BTC
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1.20 Tuesday Morning Outlook
From the current chart of Bitcoin, the MACD continues to shrink with both lines converging synchronously. The bulls and bears are in a stalemate, and although the KDJ has formed a golden cross, the bullish momentum has not been fully released. It is currently in a buildup phase, ready to break out, so a pullback to buy the dip is advisable.
Morning trading suggestion: focus on buying the dip on pullbacks
Bitcoin: buy in the 92000-91500 range, with a target around 94500
For aggressive traders, enter in batches and set proper stop-loss strategies #加密市场回调 $BTC