Bitcoin Evening Strategy: Focus on Buying the Dips


In the evening session, Bitcoin retraced to around 69,500 and stabilized, then rebounded. Multiple tests without breaking below indicate strong support below. Currently, the price has regained levels near MA7 and MA30, with short-term moving averages beginning to flatten, showing signs of gradually strengthening. The Bollinger middle band repeatedly oscillates; once stabilized, there is room to test the upper bands. The MACD bearish momentum continues to shrink, with both lines turning upward from low levels, indicating a clear short-term correction. The market is more inclined toward oscillating upward and recovering.
Bitcoin: Buy around 69,800
Target: 71,500-73,000
Overall, the structure remains oscillatory. In trading, control your position size, avoid chasing highs or selling lows, patiently wait for dips to re-enter, and follow the trend for swing trading. Once volume breaks through 71,000, the upside space will further open. $BTC #美伊对停火谈判各执一词
BTC-3,2%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin