【#AICoin Technical Analysis Introduction ⑤】#BTC Morning Analysis
According to yesterday's analysis, #BTC showed a 'Morning Star' pattern on the 15-minute chart, providing a clear signal for bottom fishing. As expected, it has once again risen above 100K today!
In the short term, pay attention to the low point around 99414 with volume; if the previous high can break through with volume, it is likely to confirm a breakout.
Currently, it is a volume-contracted pullback, and bearish pressure is limited, which is relatively favorable for going long. However, since it is still within the 100K pressure zone, risk management is necessary, and an ALL IN position is not recommended.
The recent pullback is related to Google's launch of the Willow quantum computing chip, and short-term market panic does not affect the #BTC fundamentals or long-term trend.