Bitcoin (BTC) Price Prediction: Will Bitcoin Price Continue Its Uptrend Today?

Last night, Bitcoin made another move, continuing to decline after the late session started, dropping from 87,000 to a low of 82,600. However, the daily line has confirmed a bullish close, and it has closed as a doji star, which is consistent with what I mentioned on Tuesday. By Thursday, the price of the coin is expected to have a slight rebound.

Last night, Bitcoin continued its decline as the late session started, sliding from 87,000 to a low of 82,600. However, the daily line has confirmed a bullish close, and it closed as a doji star, which is consistent with what I mentioned on Tuesday. By Thursday, the price of the coin is expected to have a slight rebound.

Although last night's drop has shifted the upper pressure to 87,000, both Thursday and Friday will see bullish daily closes. Therefore, I will still choose to go long on Friday.

Looking at the hourly chart, after the KDJ three lines formed a crossover, it has also started to rise significantly, and the Bitcoin price has begun a consecutive bullish trend, with the current hourly chart showing three consecutive bullish candles. Furthermore, the MACD dual lines are also about to cross, at which point the Bitcoin price will move up again. However, the upper pressure at 87,000 means that the room for going long is still limited. But at this stage, one should still go long, and after this wave of consolidation and upward movement is complete, a new stage of waterfall decline will come.

For intraday operations, it can be a bit aggressive, go long directly around 84,600, and exit at 85,800-86,800.

$BTC

$ETH $XRP #币安HODLer空投SHELL

#美国加征关税

#Bybit发布黑客取证报告

#币安Alpha上新

#比特币价格走势分析