BTC hits a key position, can it set a new record high?
Yesterday we mentioned that if the daily closing line can break away from the 65,000 area, it will continue to rise and will not be far from the 70,000 we mentioned before, or even set a new record high.
Yesterday, it hit the highest level of 67,950 and quickly fell back to the 64,800 line. Unfortunately, the long stop loss of 648,000 near the 60,600 line we gave has no spread and has been taken out of the market. It was due to the release of the locked-in disk at the previous high area, but it still did not damage the upward trend. The release of selling pressure is more conducive to subsequent breakthroughs. The price is currently running above the 67,000 line. The price is temporarily in the long position of the moving average near the upper rail of the four-hour and daily BOLL, proving that the buying and rising momentum are strong.
Previously, our bottom-lower-bottom downward trend has been broken, and we are now ushering in a new round of upward trend rebuilt in the past seven months, but because the current price is close to the previous high-chip concentration area, do not chase the rise and sell the fall.
You can go long near 66000, stop loss: 64800; take profit: 68500, 70000