BitcoinLargo
BTC may rebound and rise
Actualizado
Yesterday, the market experienced a roller coaster trend. At first, I predicted that the price would fall after encountering resistance below 69130, but as soon as the CPI data came out, the price soared directly and broke through the downward trend line. This was obviously an irrational behavior of the market. Later, the price encountered resistance in the rise, and I decisively sold it to seize the opportunity of the decline. But then the decline was very large. The whole trend was more like international institutions joining forces to lure retail investors to follow suit and buy, and then the rapid decline put retail investors in trouble. This is why I was very cautious in the rising stage and did not buy. What I am most worried about is the sudden drop in prices.
The rise and fall of the market has its own internal logic. Any sudden rise and fall is difficult to sustain. This is my keen perception of market risks. After yesterday's sharp rise and fall, there is a lot of uncertainty in the market today. Although the price has fallen, it has not fallen below the resistance level of 66000. The price may rebound and rise.
Trading suggestions: At present, you can pay attention to 67200-67600. If the price falls back to this range and a rebound signal appears, you can buy. The target is 68300-68500
The above suggestions are for reference only. I will update the market analysis in my guidance group at any time
The rise and fall of the market has its own internal logic. Any sudden rise and fall is difficult to sustain. This is my keen perception of market risks. After yesterday's sharp rise and fall, there is a lot of uncertainty in the market today. Although the price has fallen, it has not fallen below the resistance level of 66000. The price may rebound and rise.
Trading suggestions: At present, you can pay attention to 67200-67600. If the price falls back to this range and a rebound signal appears, you can buy. The target is 68300-68500
The above suggestions are for reference only. I will update the market analysis in my guidance group at any time
Nota
The price just broke through 68300, another victory
Nota
After the price fell below 67200, it entered a rapid decline phase and is expected to fall into the 65900-66350 range. The price can be bought in this range, with a target of 66800-67000
Nota
The price has risen to the target price of 67,000, and the victory remains!
Nota
Yesterday, the price fell to the 65900-63500 range I predicted and then rebounded, but it has not yet broken through the important resistance level of 67200. Today's price trend is still unclear, and the market volatility is still small. At present, the focus is on the 67200 resistance level and the 65900 upper support level. If the price breaks through 67200, the short-term upside will continue. If the price falls back to the upper support level of 65900, it may rebound. In addition, the release of important news will also cause abnormal price fluctuations in the short term.
Trading suggestions: Buy directly when the price breaks through 67200, with a target of 67800-68000; buy when the price falls into the upper resistance level of 65900, with a target of 67000
The above trading suggestions are for reference only, and I will update the market analysis in my guidance group at any time
Nota
BTC has fallen below the important resistance level of 65,900, and the downward trend will not change in the short term. At present, you can pay attention to the resistance range of 66,000-64,000, and you can sell when the price rebounds to this range. Target 65,000-65,200
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