11.6, Wednesday Bitcoin Morning Market Analysis!
Life is like a journey, with mountains to cross and rivers to traverse. Through all the wind and rain, and cutting through thorns and thistles, looking ahead, life seems distant and unreachable; looking back, it feels close enough to measure. Life is not easy, and moving forward steadily is better than living in a constant rush. After those hard times pass, what remains is good fortune. Good morning, everyone!
Currently, in terms of rhythm, on the four-hour level, the price has strongly tested and successfully broken through and stabilized above the middle track last night, followed by a strong surge reaching the upper track, during which there were several rapid declines stimulated by news. With the strong momentum of the market, the previous decline has been recovered! The rhythm clearly still belongs to a bullish trend, and the moving averages are still maintaining an upward posture, with short-term rhythm still having an upward demand! Morning operations should focus on the idea of a pullback.
Personal operation suggestion:
Bitcoin in the 69200-68700 area for pullback, target 70000-70500!