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Friday Intraday Bitcoin and Altcoin Strategy
Since the previous rebound from the low point of the correction, Bitcoin has continued to close higher, forming a stair-step upward structure. The Bollinger Bands are narrowing then gradually opening, the MACD indicator is forming a golden cross near the zero line, with the red histogram bars expanding steadily. Coupled with the three lines of the KDJ diverging upward and not entering the overbought zone, the bullish momentum is in a healthy accumulation stage. The volume shows a moderate expansion, confirming the validity of the current upward trend. If it can hold above the midline around 87,000, it will open up the space to challenge the 88,000-89,000 range; conversely, if it loses the midline and breaks below the support zone of 84,500-84,000, a phased correction to around 82,000 may be triggered.
The 1-hour candlestick chart shows small bullish candles steadily rising, forming a clear upward channel. The short-term moving averages are arranged in a bullish configuration, the MACD golden cross continues to diverge, RSI has rebounded from low levels into the strong zone above 50, and the three major indicators are resonating bullish signals. The short-term upward structure is solid, with no obvious correction pressure.
Intraday Operations
Bitcoin dips to the 86,000-86,500 range, targeting a rise to 88,000 and aiming for 89,500.
Altcoins dip to the 2,850-2,900 range, targeting 2,950 and aiming for 3,020.