Bitcoin is expected to surge to 100,000 next week, market analysis

After nearly two weeks of volatility from a low level, the currency circle has strengthened and risen again this week, and the market is bullish. After breaking through 95,500, it has accelerated its rise. Yesterday, Qing Chen gave a low long position of 97,600/3580, and took advantage of the trend to win a wave of 1,000 points of profit!

At present, the technical weekly line closed positive, and the daily moving average arc bottom turned upward. The bulls are expected to accelerate the volume and surge to 100,000 US dollars. It has been analyzed before that the market continues to fluctuate strongly. The two important supports of the adjustment position below are 98,000 and 97,600, which are also the key points for participating in the low-level market in the future. The key resistance above is 102,000, and the short-term strength and weakness watershed 98,000 has also stabilized. Before breaking, it will go back and forth at high levels. Control the rhythm and participate in more when it falls back!

The overall decline is 97800/3600, low long, defense is 97400/3560, target is 100000/3700!