Good morning, everyone. Bitcoin, aided by the strong breakout of the CPI bullish momentum, directly broke through the monthly resistance and continued its upward trend, reaching around 96,600. The short positions set up yesterday were unfortunately hit and liquidated. Currently, the price is slightly under pressure and pulling back. At present, Bitcoin has stabilized around 95,300 and is consolidating in a range.
From a technical perspective, the daily chart shows a large bullish candlestick that directly breaks through the upper Bollinger Band, indicating strong short-term bullish momentum; the 4-hour chart shows continuous upward candles, opening a bullish pattern. The Bollinger Bands are expanding outward, and the MACD has a bullish crossover with increasing volume, confirming a clear bullish trend. The core operation strategy is to follow the trend and go long.
✅ Morning Bitcoin trading suggestion: During a pullback near 95,000/94,300, enter long positions in batches, targeting around 97,000-98,000.
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YaoQianshuA
· 17h ago
Whoa, tonight I need to change my approach. Last night was really a strong bullish trend.
1.14 Wednesday Morning Bitcoin Layout Strategy
Good morning, everyone. Bitcoin, aided by the strong breakout of the CPI bullish momentum, directly broke through the monthly resistance and continued its upward trend, reaching around 96,600. The short positions set up yesterday were unfortunately hit and liquidated. Currently, the price is slightly under pressure and pulling back. At present, Bitcoin has stabilized around 95,300 and is consolidating in a range.
From a technical perspective, the daily chart shows a large bullish candlestick that directly breaks through the upper Bollinger Band, indicating strong short-term bullish momentum; the 4-hour chart shows continuous upward candles, opening a bullish pattern. The Bollinger Bands are expanding outward, and the MACD has a bullish crossover with increasing volume, confirming a clear bullish trend. The core operation strategy is to follow the trend and go long.
✅ Morning Bitcoin trading suggestion: During a pullback near 95,000/94,300, enter long positions in batches, targeting around 97,000-98,000.