$BTC Latest Market Analysis and Trading Strategy

Bitcoin is currently fluctuating around the price of $83,000, with the market watching whether it can rise to the resistance level of $87,000-$88,000. From a technical perspective, the $82,000-$83,000 range is a key support level, which has been tested multiple times recently without breaking, indicating strengthening bullish momentum. If the price can break through $87,000-$88,000 and hold, a pullback may signal the start of a bull market; we need to wait for confirmation of the break of the downward trend line. Market sentiment is affected by fluctuations in U.S. stocks, and external risks should be monitored.

Stop Loss Settings: It is recommended to set the stop-loss point at $81,000 (below support) to guard against market downturn risks. If the daily line breaks this level, decisively stop loss to protect capital safety. The market is volatile; operate with caution.

Trading Reminder: Pay attention to the breakthrough of the $87,000-$88,000 resistance level and signals from the downward trend line; bullish outlook is possible after the breakthrough. Do you think BTC can start a bull market? Come and discuss in the comments section. If you are interested in my analysis, please follow me for continuous market updates.