Yesterday, the Bitcoin 69800-70000 short position we planned

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B许斌

Bullish

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Yesterday, the Bitcoin 69800-70000 short position we planned fell back to the 68800 line in the early morning, which was basically 1000 points, and the short-term bearish target was realized. From a technical perspective, Bitcoin has built a triangle consolidation pattern at a higher position, showing clear signs of three-wave adjustment. In the 4-hour level trend, a wave of bottoming rebound has roughly completed the technical pattern repair. The K-line continues to maintain a stable and oscillating upward trend above the short-term moving average, which shows that the bulls may have digested the previous excessive gains over time. Therefore, we adjusted our strategy and tend to buy after a pullback in the short-term trend. It is expected that there is still room for continued rebound in the short term. On Monday, Bitcoin fell back to 68600-68300, with a target of 70800-71800.#大盘走势 #新币挖矿 #Meme #sui #SHIB $BTC $ETH $BNB

Yesterday, the Bitcoin 69800-70000 short position we planned fell back to the 68800 line in the early morning, which was basically 1000 points, and the short-term bearish target was realized.
From a technical perspective, Bitcoin has built a triangle consolidation pattern at a higher position, showing clear signs of three-wave adjustment. In the 4-hour level trend, a wave of bottoming rebound has roughly completed the technical pattern repair. The K-line continues to maintain a stable and oscillating upward trend above the short-term moving average, which shows that the bulls may have digested the previous excessive gains over time. Therefore, we adjusted our strategy and tend to buy after a pullback in the short-term trend. It is expected that there is still room for continued rebound in the short term.
On Monday, Bitcoin fell back to 68600-68300, with a target of 70800-71800.#大盘走势  #新币挖矿  #Meme  #sui  #SHIB  $BTC $ETH $BNB 