$BTC The daily chart shows a bottom-finding and stabilizing pattern of consecutive bullish candlesticks, with the long-term downward trendline that had been suppressing the market broken effectively. Going forward, the overall market will operate in an oscillating and gradual upward rhythm; even if there is a significant pullback along the way, it is merely a technical correction within the upward phase, and the bullish trend will not change. On the smaller time frame, after the bottom bounce, the moving averages have formed a bullish arrangement, and bullish momentum is continuously accumulating. The early session's rally and pullback are normal fluctuations, and the subsequent strategy remains focused on buying on dips.



Midday BTC operation idea: go long directly at 63200-62700, target 65200.
BTC0.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
CaptainChenOfTheEncryptionTeam
· 7h ago
$BTC On the daily timeframe, a bottom-seeking stabilization pattern with consecutive bullish candles has formed, and the long-term downward trend line that had been suppressing the market has been effectively broken. The overall market will move in a pattern of gradual oscillation and slow upward momentum. Even if a sharp pullback occurs in the middle, it will only be a technical correction during the uptrend, and the overall bullish trend will not change. On the smaller timeframe, after the bottom rebound, the moving averages have formed a bullish alignment, and bullish momentum is continuously accumulating. The morning surge and pullback are normal fluctuations, and the subsequent strategy remains focused on buying on dips.

Lunchtime Bitcoin operation strategy: Direct long at 63200-62700, target 65200.
View OriginalReply0
  • Pinned