Morning Outlook for 8/13:
In the 4-hour chart of Bitcoin, the recent price has experienced a rebound, but once again has fallen under pressure. During this period, although it briefly broke through the critical position of the middle Bollinger Band, seemingly showing some upward momentum, the dense resistance area above has always acted like an insurmountable barrier, suppressing further price increases.
Trading Suggestions:
120300-120000🈳, target 119000-118000, stop loss at 120500
Second Bitcoin: 4650-4630🈳, target 4530-4430, stop loss at 4670
(The market is ever-changing and for reference only!)
