Bitcoin Early Morning Analysis
In the early session, bulls violently pushed up 3000 points, and in the evening, it rose again, breaking through; two waves of market movements nearly covered 5000 points. Did you all manage to grasp that?
The hourly chart's Bollinger Bands are narrowing upwards, quickly rebounding after a pullback to the middle band, showing strong support; on the daily chart, the price remains above the moving averages, with bulls continuously hitting new highs. The optimal strategy is to go long in line with the trend.
Operational Suggestions
Bitcoin: Buy in the range of 86000~86600, looking towards 89000.
