【2024-7-16 BTC Trend Analysis】
I heard that the bull market is coming? ? ?
Because Bitcoin has risen too much in the past two days, it will take some time to pull back. This kind of pullback is easy for novices to fall into, so the following operations are not recommended for reference. If BTC falls back and breaks this position: 62319.1, there will be short orders in the small cycle. The target position of this wave of short orders can be seen: 59178. The big cycle is still on the long side, so this kind of profit is small and the risk is high. Xiaobai recommends paying attention to the hands. When the weekly line of Bitcoin stands at: 65581.6, you can arrange the spot. If the weekly line can stand firmly at this position, a new round of bull market will start. The premise is that it can stand at this position. Don’t rush to arrange the spot now. It’s safer to wait for Bitcoin to come up. (If you don’t understand the market, try not to do altcoins)
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