BTC will stop declining and rise
From the daily chart, yesterday's closing was a small positive line, which means that the price encountered effective support near the 50-day moving average, the price decline has stopped, and the bulls are slowly gathering strength and preparing to launch an upward attack. The market trend is likely to be bullish, and the price is expected to fluctuate upward.
Currently focus on the 65830-66100 range. If the price falls back to this range, you can buy, and the target is 66800-67000
The above trading suggestions are for reference only. I will update the market analysis in my guidance group at any time
Note
The price rise is faster than expected, and it will continue to fluctuate and rise.
Note
The profit-taking range I predicted yesterday, 66800-67000, has been reached.
Note
The current price has reached around 66100. If the price breaks through 66100, the rise will continue. If the price cannot break through 66100, the downward trend will continue, and short orders can reach my predicted target range of 64500-64800
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.