Summary of Friday: Bitcoin rebounded as expected, and the long position was in place again. Did you keep up with the rhythm? It continued to fall at midnight and the long position remained unchanged!
Bitcoin has long emphasized that once it breaks through, it will be unstoppable. This is the trend. If you don’t listen to me, there is nothing I can do. Things are unpredictable. Now there is an obvious long-short conversion. The previous pressure has turned into support. The intraday reminder of the long position in the market has been perfectly grasped again. Did you keep up with the rhythm?
From the 4-hour chart, we can see that it has broken through and stabilized at the bottom of the consolidation. The trend has reversed, and the operation must be followed up in time! Trading is like this. The market changes rapidly. We don’t do dead shorts or dead longs, but do slippery things that go with the trend! The rise is on, and we go long with the trend until the market changes!
The current key support of Bitcoin is near 96,000. This position is both the pressure position above the previous consolidation and the support position of the current low point connection line, so the market can rely on this position to layout in the future!
In terms of Bitcoin midnight operation, Lin Kun personally suggested that the price of the currency fall back to 97000-96500, and the target can be around 99000-99500! #比特币诞生16周年 #ADA热度上升 #BIO开盘 #币安Alpha上新 #币安全球用户突破2.5亿 $BTC $ETH $XRP