BTC market analysis #BTC
The bullish trend in the 4H cycle is still there. Yesterday, it continued to attack 72,000 but stopped at 71,800. The market began to fall slightly. The price of 72,000 is still what we need to focus on. The price is in the rising channel, indicating that the bullish trend is still healthy, and the choice of trading direction should focus on bullish.
After the 1H cycle is disassembled, several important prices appear. The earliest support and pressure exchange position of 68,700 (previous videos also give suggestions to try to rebound)
Near 70,300 is the second support and pressure exchange position. The price has also been verified twice. If there is another support action here, you can try to take a long order again
The rising channel of the small cycle, the current price is also adjusted in the form of the channel, and it is still healthy at the moment. If a signal appears at the lower edge of the channel, you can also try to make a bottom position first. $BTC