Dear friends, let's talk about the Bitcoin trend on Thursday!

Recently, Bitcoin has been consolidating in a range, with 86000 as the resistance level above

and 83000 as the support level below, fluctuating within this area

Currently, the operation mainly focuses on positioning at the high and low points of the range

On the daily chart, the candlesticks alternate between bullish and bearish, but overall still remain above the middle track, so after a short-term pullback

we still have a bullish outlook. The small cycle previously surged but did not break through and then retreated

Now it is operating below the middle track on the four-hour chart

Today, we are looking for a pullback, with a key focus on the support near 83000. If the pullback does not break below

then we can consider going long at the low points

Within this range, identify the high and low points for trading, and wait for the market to break out

Here’s a reference for entry: short near 84500, targeting 83000.