Currently, the first position of 69800 has been reached. The take-profit position is raised to 69500, and 300 points are bet on the next sprint.
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Bullish
Bitcoin Today's Market Analysis From the liquidation chart, there is currently no panic selling, and normally it shouldn't drop to around 64100 because there are too many short positions above, so a rebound is expected. The 12-hour line has touched the middle band of the Bollinger Bands and has rebounded; from the daily line, there should also be signs of a rebound. The first target position is around 69800. The second target position is around 70200. The third target position is around 72200. If the number of long positions continues to increase, it may affect the rebound momentum. The market can change at any time.
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