$BTC Crypto Academyian in the Coin Circle: 10.1 Bitcoin (BTC) Bollinger Band keeps tightening—catching the turning-point window for the big pie? Latest market outlook and trade suggestions解析
Bitcoin is currently at 83,000. The accuracy of intraday swing trades is still far worse than that of mid-to-long term moves. The swing setup given yesterday was swept out; after accounting for fees and stop-loss, slowly bleeding away the principal. Until the trend clearly plays out, reducing the number of trades is the best strategy—otherwise you keep getting stopped out. The best approach is to patiently hold the “upside” positions targeting 65,000 and 75,000.
On the daily chart, the overall moving-average system remains in a bullish alignment. The mid-to-long term EMA lines continue to act as support. The bigger trend is still biased upward. The Bollinger Band channel keeps widening upward; price is trading between the upper band and the middle band. The MACD histogram red bars are gradually shrinking; the DIF and DEA are turning and flattening, indicating some weakening in bullish momentum. On the daily timeframe, strong resistance sits near the previous swing high. Support is around the 78.6% Fibonacci level at 72,620. For now, there is no clear reversal signal on the daily chart; it’s currently in a high-range consolidation phase after an upswing.
On the 4-hour chart, the short-term EMA lines are intertwined and clinging together, with short-term forces from both bulls and bears roughly balanced. The Bollinger Bands are tightening and the range is narrowing, suggesting the market is about to choose a direction. MACD remains above the zero line; the green histogram bars are increasing slightly, indicating a mild pullback may be needed in the short term. Near-term resistance is around 83,900. The first support is 83,250, and the stronger support is 81,760. The 4-hour period is in a high-level box-range consolidation, so short-term room to move is limited. Only after a breakout from the box can a new round of trading opportunity open up.
Short-term reference:
Go north: from 83,300 to 82,800—enter at the pullback/hold to stop rising, stop-loss 500 points, targets 84,500 to the prior high.
Go south: from 84,500 to 85,000—enter on the lag/weakness, stop-loss 500 points, targets 83,500 to 83,000.
The specifics should rely on real-time order-book data. More information can be found in the author’s articles; note that there is a delay in publication, and the suggestions are for reference only—risk is yours to bear.
#BTC走势分析
Bitcoin is currently at 83,000. The accuracy of intraday swing trades is still far worse than that of mid-to-long term moves. The swing setup given yesterday was swept out; after accounting for fees and stop-loss, slowly bleeding away the principal. Until the trend clearly plays out, reducing the number of trades is the best strategy—otherwise you keep getting stopped out. The best approach is to patiently hold the “upside” positions targeting 65,000 and 75,000.
On the daily chart, the overall moving-average system remains in a bullish alignment. The mid-to-long term EMA lines continue to act as support. The bigger trend is still biased upward. The Bollinger Band channel keeps widening upward; price is trading between the upper band and the middle band. The MACD histogram red bars are gradually shrinking; the DIF and DEA are turning and flattening, indicating some weakening in bullish momentum. On the daily timeframe, strong resistance sits near the previous swing high. Support is around the 78.6% Fibonacci level at 72,620. For now, there is no clear reversal signal on the daily chart; it’s currently in a high-range consolidation phase after an upswing.
On the 4-hour chart, the short-term EMA lines are intertwined and clinging together, with short-term forces from both bulls and bears roughly balanced. The Bollinger Bands are tightening and the range is narrowing, suggesting the market is about to choose a direction. MACD remains above the zero line; the green histogram bars are increasing slightly, indicating a mild pullback may be needed in the short term. Near-term resistance is around 83,900. The first support is 83,250, and the stronger support is 81,760. The 4-hour period is in a high-level box-range consolidation, so short-term room to move is limited. Only after a breakout from the box can a new round of trading opportunity open up.
Short-term reference:
Go north: from 83,300 to 82,800—enter at the pullback/hold to stop rising, stop-loss 500 points, targets 84,500 to the prior high.
Go south: from 84,500 to 85,000—enter on the lag/weakness, stop-loss 500 points, targets 83,500 to 83,000.
The specifics should rely on real-time order-book data. More information can be found in the author’s articles; note that there is a delay in publication, and the suggestions are for reference only—risk is yours to bear.
#BTC走势分析
