2.3 Tuesday Bitcoin Analysis

On the four-hour chart, the rebound is only a weak correction. From a technical perspective, although the price has risen above 78,000, the upper MA144 and MA169 moving averages form strong resistance. The rebound momentum has already weakened, with the MACD red histogram expanding at a slowing rate. The DIF and DEA lines are close to the moving average resistance zone, indicating that the bullish momentum is about to exhaust. In the short term, it is difficult to break through the 80,000 level. Support below at 77,000 is weak; if it falls below this, the price could directly drop to 74,000.

Personal advice, for reference only (strictly set stop-loss)
Bitcoin around 79,500, buy on dips at 80,800, target 78,000, 76,000$BTC