Today's Bitcoin outlook:


The price remains above the MA20, maintaining a solid mid-term bullish structure; the lower band of the Bollinger Bands has moved upward, providing strong support below and limiting the downward space; RSI is neutral to slightly bullish, indicating that the bulls still have the potential to exert strength; the high-level consolidation is a continuation of the upward trend, with pullbacks on low volume suggesting limited selling pressure, which is conducive to a bullish rebound.
Bitcoin:
Entry zone: 71,000-71,500
Target: 72,000-72,800. Stop loss: 70,600
$BTC
BTC1,45%
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