The market in the early morning was affected by the news, and the bulls returned strongly. The price of the currency began to rise gradually after yesterday's round of falling to 63,300. The highest reached the 67,300 area in the early morning, and the overall rebound space was 4,000 points. The current currency price is consolidating at a high level. The strong link must be treated with a low-multiple idea.
In terms of the daily line structure, after the previous continuous upward movement, the negative line was corrected by the retracement. At present, the big positive line stretched the previous day's decline again. The main structure is still dominated by upward movement. The short-term negative line retracement is just an adjustment. In the end, the market still went up. The K-line closed with a real big positive, which means that the bulls are strong, so continue to pay attention to the continuity of the bulls. The K-line on the 4-hour line has three positives. In the past trend, we often say that it will be repeated again and again. There have been three consecutive positives, which means that the bulls will continue, so the operation continues to maintain the low-multiple idea.
Saturday morning suggestion
Go long around 66300, target 67500, stop loss 500 points
$BTC BTC
