6.7 Bitcoin is likely to break through today! How should we choose to get on board?

Yesterday we saw that Bitcoin's macd at the four-hour level was about to form a dead cross, so we thought that the price might be likely to give a callback. Combined with the fact that the Bitcoin price was at the upper rail of the Bollinger Band at the four-hour level at that time, if it was callback, it would most likely be callback to the middle rail.

Then we can also see from the current market that yesterday's price failed to break through a small wave, and then stepped on the middle rail of the Bollinger Band at the four-hour level, and then the price began to rebound. The current Bitcoin price has returned to around 71,500.

At present, the K-line at the four-hour level has also shown a continuous positive trend. From the current macd below the four-hour level, the fast and slow lines have formed a dead cross, but it can also be observed from the red volume column below. Because the price rebounded, the red volume column has a trend of shrinking, which means that the macd fast and slow lines have the opportunity to form a golden cross again above the zero axis.

According to this trend, today's rebound is likely to be able to break through the previous high successfully.

Because we have always said that Bitcoin has a five-wave model on the daily chart, and the current price is in the fifth wave. According to the previous rising trend of the previous waves, the price of the fifth wave may reach the position of 77,000.

So under the current situation of very good indicators, today's price may directly break through successfully, and the trend of the fifth wave will appear in the next few days.

Now there is another question, which is how to enter the market. I believe that many people may not get on the bus. As shown in the figure, because the price gave a relatively deep correction yesterday and came to the position of 70,000, in the short term, the current price has formed a channel downward, and the current rebound is almost at the top of the channel.

Then it is certain that there should be resistance at this position. If you get on the bus at this time, it is likely to become a situation of going long at the ceiling. So you can be more stable and wait for the breakthrough of this channel before getting on the bus, or you can also wait for the fast and slow lines of the macd to form a golden cross according to the situation of our four-hour level macd just now. Get on the bus!

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