From the hourly level, the three major indicators of BTC, MACD, RSI, and KDJ are currently in the middle range, and no clear bullish or bearish signals have formed yet. Overall, the trend continues to show a pattern of oscillation upwards, although the pace of the rise is relatively slow. Meanwhile, the hourly and 4-hour line trends are basically synchronized, with bullish strength relatively dominant, continuously pushing the price slowly upwards. Based on the current technical structure, it is still recommended to focus on long positions. If you want to enhance entry safety, you can wait for the price to stabilize after a pullback, and then gradually place long orders.
It is recommended to buy when Bitcoin falls to around 114600-114000, with a target of 116000-117000. If it breaks through, continue to look higher. (Radicals can go long at the current price) #美财长贝森特谈比特币储备
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Analysis of thoughts on the morning of August 24
From the hourly level, the three major indicators of BTC, MACD, RSI, and KDJ are currently in the middle range, and no clear bullish or bearish signals have formed yet. Overall, the trend continues to show a pattern of oscillation upwards, although the pace of the rise is relatively slow. Meanwhile, the hourly and 4-hour line trends are basically synchronized, with bullish strength relatively dominant, continuously pushing the price slowly upwards.
Based on the current technical structure, it is still recommended to focus on long positions. If you want to enhance entry safety, you can wait for the price to stabilize after a pullback, and then gradually place long orders.
It is recommended to buy when Bitcoin falls to around 114600-114000, with a target of 116000-117000. If it breaks through, continue to look higher.
(Radicals can go long at the current price) #美财长贝森特谈比特币储备