Bitcoin Bullish Outlook Today


I. Core Long Strategy Logic
1. Current price: 74,240.4 USDT, up 4.64% for the day, with a net inflow of $822 million in funds today, indicating very strong bullish buying pressure

2. Daily Bollinger Bands: Price is tightly hugging the upper band, operating in a strong bullish channel, with the middle band at 69,470 serving as a strong support, and the upper band at 74,912 as the intraday resistance level

3. Cycle trend: Daily chart shows continuous upward movement, with lows constantly rising, fully establishing a higher-level upward trend, and previous sharp dips have been completely recovered

4. Contract market: Total open interest is 6.99B, market sentiment is strongly bullish, and the bullish trend structure is intact

II. Trading Suggestions
Entry: 73,700-73,200
First target: 74,700
Second target: 75,700

III. Macro Bullish Logic for Long Positions:

The Federal Reserve’s rate cut easing liquidity cycle begins + Bitcoin halving deflationary fundamentals take hold + US stock market bull market resonance + spot ETF trillion-dollar institutional long-term buying + global geopolitical safe-haven narratives, four-dimensional macro resonance fueling a major bull market.
Follow the trend at low levels, ride the main upward wave, as the large-scale trend is far from over.
BTC5%
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