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7.14 crypto world Mr. Coin: Bitcoin (BTC ) market analysis reference
Bitcoin's intraday bullish sentiment warmed in the evening, with the market maintaining a range-bound upward trend, showing a rebound after a pullback. The price hit a new high again during the day, and the short-term repair zone has been broken. If it further breaks and stabilizes around the 119,000 level, the price is expected to make a further upward push towards the 120,000 mark.
Looking at the 2-hour chart in the short cycle, as this wave of pullback moves out of the middle track of the Bollinger Bands, the upper track of the Bollinger Bands is also gradually opening up. The bulls are showing a continued warming trend, but the subsequent breakthrough strength is obviously insufficient, and there is dual pressure at the 120,000 mark above. If it cannot sustain the breakthrough later, there is a possibility for the market to pull back for support. Therefore, a steady operation in the future should still focus on buying during the pullback, and if it breaks out, a light position can be considered for a short-term buy.
7.14 Bitcoin short-term reference:
Lower trial position 119,500 - 120,500, defend at 122,500 supplement, stop loss: 500 target below 119,000.
Buy in the range of 116500-117500, stop loss at 500, support at 114000, target above 118500, #GT 2025第二季度销毁# #美加征关税# #BTC再创新高# #ETH# #BTC#