A good start to the year, symbolizing a promising beginning.
Bitcoin experienced a decline yesterday. We are bullish at the lows, despite a small correction in the middle. Fortunately, the price did not decline sharply but instead rebounded after touching the bottom, reaching a high of around 66,300 this morning, with nearly 2,000 points of upside.
The four-hour chart shows the price breaking above the middle band and then forming an upper shadow. Currently, the price is testing the middle band. Fortunately, the MACD bullish momentum is increasing, and the candlesticks show upward momentum. Once the price stabilizes above the middle band, it is highly likely to test around 69,000. Therefore, a pullback within the day can still be viewed as a bullish opportunity.
It is recommended to buy on dips around 64,500-64,200 in stages, with targets set at breaking through 66,500 and aiming for around 66,900. The specific levels are for reference only.
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A good start to the year, symbolizing a promising beginning.
Bitcoin experienced a decline yesterday. We are bullish at the lows, despite a small correction in the middle. Fortunately, the price did not decline sharply but instead rebounded after touching the bottom, reaching a high of around 66,300 this morning, with nearly 2,000 points of upside.
The four-hour chart shows the price breaking above the middle band and then forming an upper shadow. Currently, the price is testing the middle band. Fortunately, the MACD bullish momentum is increasing, and the candlesticks show upward momentum. Once the price stabilizes above the middle band, it is highly likely to test around 69,000. Therefore, a pullback within the day can still be viewed as a bullish opportunity.
It is recommended to buy on dips around 64,500-64,200 in stages, with targets set at breaking through 66,500 and aiming for around 66,900. The specific levels are for reference only.