Hello, fellow coin friends! Today is October 19, 2024. #比特币 rose to 69,000 yesterday, and fell to 67,640 before the rise. It is currently fluctuating around 68,300. The dog dealer has been pulling up all the way, with strong momentum. Now the price of Bitcoin is only 1,000 points away from 70,000. Will the dog dealer directly push the price to 70,000 next?

Let's take a look at the view of Daniel, the chart champion:

From the view of Daniel, the current important support level of Bitcoin is 67,500. If the price falls back to this point, you can consider going long. The range of 65,000 - 65,800 is also a potential support level. The resistance level is 68,900 - 69,500. If it breaks through 68,900, it may test 69,500. 70,000 is an important psychological barrier, and it is expected to rise further after breaking through. The current market is in a bullish trend. It is recommended to follow the trend and look for opportunities to buy on pullbacks. If the market shows a bottom outline, consider opening a position to wait for a breakthrough. In the short term, Bitcoin may fluctuate at a high level. If it breaks through 68,900, it is expected to rise further, with a target of 70,000 and higher. If the price pulls back to the support level of 67,500 or 65,000, it can be regarded as a buying opportunity, but the market trend needs to be carefully observed. In general, the overall trend of Bitcoin is upward, and the market sentiment is optimistic. When formulating a trading strategy, you should pay attention to key support and resistance levels, manage risks reasonably, and seize opportunities in market fluctuations.

Yesterday, Bitcoin pulled back to a minimum of 67,640, which did not reach the support level of 67,500, and the upper pressure level was indeed at 68,900. You can refer to Daniel's point of view and make investment decisions prudently based on the actual market situation.