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#PI Bitcoin market review and today's strategy analysis
Looking back at yesterday's Bitcoin market performance, the price of Bitcoin began a continuous upward trend starting from noon. Although there was a slight pullback during the early morning hours, it quickly rebounded strongly, which undoubtedly confirms that Li Xiang's bullish outlook yesterday was correct.
As of now, the price of Bitcoin is still maintaining a high-level volatile operation. Although it is currently showing a downward trend, the strength of this decline is noticeably weak. Observing the overall trend in recent days, the low points of the decline are continuously rising, indicating that the price of Bitcoin is expected to continue an upward trend in the short term. Based on this analysis, today, Lixiang still adheres to a bullish outlook when the price slightly declines.
In terms of specific operations, it is recommended to lay out long positions in the range of 116300 - 115800, with the initial target price looking towards 118300. If the market shows strong performance, the target can be further raised to 119500.
#BTC #ETH # BTC,