$BTC Bitcoin's current trend on the daily and four-hour charts is dominated by upward movement. The rebound is part of the main upward wave, so focus on long positions and only consider short-term trades for short positions. All operations must include stop-loss orders, with total position size not exceeding 30%. Do not chase highs or hold onto losing positions.
Breakout above 70,800-71,000 with stop-loss at 70,000 and target at 72,500; if broken, look toward 75,000.
Existing long position holders should move their stop-loss from entry point up to 70,500 to protect profits and prevent losses.