8, 6 Morning Analysis
Yesterday, the Bitcoin price started at 112600↑, briefly retreated after reaching around 113900, and then continued ↑, currently oscillating around 114000.
Looking at the hourly level, it has broken through the mid-track upwards, indicating that short-term bullish momentum is more dominant, pushing for a rebound; the DIF crosses above the DEA forming a golden cross, the green bars quickly converge and turn into red bars, which means that the downward momentum has significantly ↓, and the signal for a short-term bullish rebound is quite strong, early morning low-buy operations can be considered.
Regarding operation suggestions:
Bitcoin can be bought around 112800-113500, with a target towards 114800-115500;
The second coin can be bought around 3570-3540, with a target towards 3640-3670.
