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Today’s Bitcoin outlook:
The overall trend of Bitcoin has strengthened, with consecutive bullish candles stabilizing above 70,000. Indicators are healthy, so no chasing highs; medium-term outlook is bullish.
The 4-hour downtrend has ended, and the 69,000 support is very strong. Currently, it’s consolidating at high levels, waiting to choose a direction.
In the short term, after a rally, there may be some oscillation and correction. A pullback to stabilize could be an opportunity.
Bitcoin:
Pullback to 69,500–69,800, try long with light positions
Stop loss: below 69,000
Target: 71,000 → 72,000