1.6 Early Morning Bitcoin



Bitcoin's bullish structure remains solid as a rock, with a clear pattern of oscillation and strength. The long-term upward trend has not changed. The main strategy is to confidently buy on dips, supplemented by adding positions on breakouts, while holding small short positions to gamble on extreme market conditions.

From a technical perspective, Bitcoin's continuous bullish candles have pushed the price steadily above the middle band of the Bollinger Bands. The MACD red histogram continues to expand, with the double lines forming a golden cross and diverging upward. The bullish momentum is continuously accumulating. Short-term pullbacks are technical corrections and do not alter the medium-term upward trend.

Core Bullish Strategy
During a pullback to the 92000-92800 range, directly establish long positions. The first target is 94000-96000. After breaking through, the long-term target aims for the 100000 mark. This zone is a densely packed area of previous chips, with support strength verified by the market, making it a golden position for low-cost accumulation.

Aggressive Shorts
It is recommended to attempt short positions with small size at the key resistance level of 94500-95000 when a significant volume-driven decline signal appears. The target support zone is 92500-93000. Quick in and out.
BTC0,54%
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