Friday Bitcoin Analysis:

Pattern: 4-hour bounce from bottom, buy support at 69,000, double bottom formation emerging, daily line hasn't broken the 68,500 previous low, uptrend structure remains intact

Moving Averages: Price above short-term moving averages, short-term bounce momentum, medium-term bullish trend unchanged

Momentum: MACD declining histogram shortening, downtrend slowing, RSI rising from lows, rebound strength increasing

Volume: Insufficient rebound volume, weak chase-high sentiment, likely consolidation around 70,000 without volume expansion

Bitcoin: Can head north after pullback to 70,000-69,500

1️⃣: 71,000

2️⃣: 72,500 (caution)

$BTC #Gate13周年全球庆典