Yesterday, I mentioned that the recent layout is primarily focused on upward movement, and the overall rhythm is quite in line with expectations. Although there has been some pullback before the weekly close, the daily level still closed with a bullish line and a doji star. Currently, aggressive traders can consider entering around 98. If it breaks the 100,000 mark, continue to add positions. Conservative traders can wait for the breakout before chasing!

From a technical analysis perspective, the daily level has shown six consecutive bullish candles. The MACD has also shown a long-awaited golden cross, indicating that the overall layout in the big direction should be fine. There is definitely more room above, and the key is whether the 100,000 resistance can be broken. The hourly and 4-hour levels are currently in great shape, in an upward trend, with basically no significant pullbacks. Throughout the day, we are heading north, with the first target being 100,000.

Bitcoin trading suggestion: Around 98,300, move north

Target: 1,000,001,282,823,779,794,627,346,864