11.6 Chen Fei Talks Currency
Bitcoin is experiencing a strong bullish surge, with prices reaching around 71,500 in recent days, an increase of over 3,000 points. Overall, the bullish trend is very strong. Currently, the Bollinger Bands are opening upwards, and the price action has formed a large bullish candle. The MA moving averages are also slowly rising, the KDJ indicator is bullish and moving upwards, and the MACD shows increasing red momentum. Overall, the bullish sentiment is evident, so it's recommended to operate long positions during the day.
Bitcoin (BTC)
Direction: Long
Current Price: 70,900～70,700
Take Profit: 71,600～72,000
Stop Loss: 70,200
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