Now, with BTC close to $100,000, equivalent to over 700,000 RMB, the cryptocurrency market has grown to be a king amid questioning and suppression. Whether we believe it or not is no longer that important; the market has already voted with its feet.
The old me was ignored by you, now the me you can't reach. This phrase vividly illustrates the soaring Bitcoin, now quoted at $92,500 per coin, having increased more than 20 times in just four years.
The BTC 1-hour moving average continues to show a golden cross indicating a bullish divergence. The drop in BTC last night during the US session was merely a retest to confirm the high point, and the bulls in BTC have the upper hand. Last night during the US session, BTC dipped to a low of around 91,000, and a pullback to around 92,200 can be a good entry for a long position.
Market conditions change rapidly; bullish and bearish sentiments can shift with just a thought. The BTC bulls have shown strength again in a risk-averse situation, so since the BTC bulls are strong again, let’s continue to dance with the bulls.
BTC trading advice: go long around 92,000; add to long positions at 91,500; stop loss at 91,000; target 95,000.
ETH trading advice: go long around 3,090; add to long positions at 3,050; stop loss at 3,020; target 3,185,148,157,913,938,154,482,626,972,402,026,903,913,450,996,923,568,790,710,411,395,279,136,037,145,317,12