This morning, Bitcoin broke through recent highs strongly, surged above $94,700, then pulled back for correction. After the US stock market closed, it oscillated around $94,000. The strategy was communicated in advance, never reacting after the fact; in the crypto game, precise direction choice far outweighs brute-force execution.
On the four-hour chart, consecutive bullish candles pushed the price to repeatedly hit new highs. The Bollinger Bands are expanding upward, indicating a solid bullish trend. The current pullback is a technical correction after a continuous rally; the upward structure remains intact. After consolidation, the outlook remains firmly bullish. On the hourly chart, three consecutive bearish candles led to a pullback, followed by a sideways accumulation phase. The bullish energy is temporarily dormant, laying a foundation for future upward attack. Today’s strategy: buy on dips around support levels.
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1.6 Morning Bitcoin Strategy
This morning, Bitcoin broke through recent highs strongly, surged above $94,700, then pulled back for correction. After the US stock market closed, it oscillated around $94,000. The strategy was communicated in advance, never reacting after the fact; in the crypto game, precise direction choice far outweighs brute-force execution.
On the four-hour chart, consecutive bullish candles pushed the price to repeatedly hit new highs. The Bollinger Bands are expanding upward, indicating a solid bullish trend. The current pullback is a technical correction after a continuous rally; the upward structure remains intact. After consolidation, the outlook remains firmly bullish.
On the hourly chart, three consecutive bearish candles led to a pullback, followed by a sideways accumulation phase. The bullish energy is temporarily dormant, laying a foundation for future upward attack.
Today’s strategy: buy on dips around support levels.
Bitcoin is recommended to buy near 92,000-93,000
Target around 95,000-96,000
$BTC $ETH $GUSD
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