BTC current price: 63428.5

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After the correction last night, the BTC pin hit a minimum of 6271.5 and began to rebound. Continuing my thinking last night, I stopped falling and rebounded to around 63000 to build a position, with the first target of 64400 (as shown in Figure 1)

From this, it can be seen that I tend to be bullish, but the market also needs a normal correction, and it is a good thing that the correction did not fall below 62600. After all, the daily correction supports above 60100.

For the subsequent trend of BTC, above 63000 is still inclined to bullish. The current price of 63428.5 shows signs of stopping the decline. You can continue to be bullish and stop loss at 63000.

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