Bitcoin is building a bottom at low levels, low buying to capture short-term rebounds!

Currently, Bitcoin is in a low-level bottoming phase, and the technical indicators show rebound potential: although the moving averages are in a bearish arrangement (overall bearish), the candlestick shows a bullish engulfing signal + RSI is oversold, forming support, and the price is approaching strong support at 120800, limiting downside space. However, the extremely low trading volume restricts the rebound strength, so it's advisable to buy low and set up short-term long positions.

Strategy: Buy in the range of 116000-116800, target 118000, if it breaks, look for 120000, strictly maintain stop-loss! #BTC #中国投资者涌向印尼 $BTC

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