7-22 Bitcoin Analysis:
Today, Monday, Bitcoin closed with a big positive candlestick on the weekly chart. Currently, Bitcoin is at a high of around 685. If it goes up to around 7W, it is a large short position explosion area. $1.4 billion will be exploded in this area.
Bitcoin made a short-term shock last night, killing many friends who were bullish on 100X rollover. From the perspective of the daily cycle, Bitcoin made two false breakthroughs in the bull flag channel.
If you have missed the long trading opportunity, you can consider short orders on the right side of some previous high positions. Note! ! ! It is the right side, not the left side, to place orders directly.
If Bitcoin touches the previous high and then retreats, then the 630 support of the large cycle below needs to be paid attention to. In this position range, you can find a bullish trading opportunity #BTC