Monday's Bitcoin morning insights are as follows:
Over the weekend, Bitcoin's movement surged again, with the bulls driving the price up to around 86100. The bullish momentum is quite strong, but the pullback cannot be overlooked. Currently, the coin price has returned to around 83250 and is fluctuating, but there is a clear double bottom formation below, with the strong support at the 82000 line that is hard to break through. Therefore, today we will rely on 82000 to maintain a bullish outlook!
That's how trading works: if the direction is right, the rest is just patience. You can't rush to eat hot tofu; the market needs to build momentum and won't just take off directly. From a four-hour structure perspective, the bottom signals are very clear, and the moving averages are showing signs of turning upwards, at least pausing the downward movement. A strong bullish candle has surged, while the price has consistently stayed above 8300, which is the bulls' bottom line. Therefore, for future operations, I will continue to go long!
Monday's Bitcoin morning suggestion:
Buy on the pullback at 83000-82500, targeting the upper range of 86500-87000!