Market observation and BTC prediction No. 6.3.
Market opening updates:
This morning, CME opened, and the market opened slightly higher, with an increase of about 0.2%. This opening performance suggests that this week's market may be bullish.
BTC price trend:
After a brief retracement and filling the gap, the price of BTC rose rapidly, with an increase of nearly 2%.
Technical Analysis and Forecasts:
Based on the current market trends and technical analysis, we predict that BTC is expected to continue to rise and hit the price of 69,000. Note, however, that this analysis is only valid for one day.
Trading strategy suggestions:
Buying point 1: If the price of BTC falls back to around 68,000 USDT, consider buying.
Buying point 2: If the price drops further to around 67,000 USDT, it is also a potential buying point.
Stop loss point: It is recommended to set the long stop loss point at 66500 USDT to control risks.
Take profit point: If the price of BTC rises to 69,000 USDT, you can consider taking profit.
important hint:
The content is for reference only and does not constitute investment advice. It is limited to one day. Follow me for more currency point analysis, I will continue to update.
