BTC market analysis: #BTC☀ #行情分析📈
The price of the bitcoin that has been rising continuously for nearly 7 days finally showed signs of a correction. I have said in the community that the most taboo in a one-sided market is to add positions without thinking when the price is corrected, because you cannot judge whether it is a slight correction or a large retracement. This is the taboo of left-side trading.
The range of 89575 above and 86557 below is a high-level oscillation range. This position will be an important supply area for the next breakthrough, but because the upper side is continuously broken by the upward rush, the pattern is invalid~
The support below will be invalid. I boldly predict that there is a high probability that this position will be broken, because according to the technical pattern, if it falls to the support below, it is necessary to make a long layout, but it is not recommended to make a layout. Wait patiently for the break and see the first strong supply and demand range below to make a long layout! The position is approximately in the range of 82500-81500
⭕️ (Strategy analysis is for reference only! Market sentiment is unpredictable, please strictly set stop loss before trading⚠️)