August 4th Bitcoin Morning Trading Strategy:

From the market performance, the current bullish trend is quite evident. On the daily chart, Bitcoin is in a corrective recovery phase after being oversold. During the early hours, the price rose to the 1147 position and then retraced, forming short-term support around the 1140 line.

In line with the current trend, this morning we can follow the bullish trend and place long positions. It is recommended to enter long positions in the 1140-1145 range, with a target towards the 1155-1160 area, $BTC #加密市场反弹