Bitcoin has been fluctuating back and forth in the range of 66,000 to 70,000 for a week. During this period, it has experienced a lot of reversals. When watching the market, it looks like the strength at that time will rise or break the range, but when you chase it, it is either the ceiling or the floor. I believe that this week, many people should have suffered losses from this turning point. Now, returning to the overall situation and calmly judging the momentum, it is not extremely strong or weak, but still fluctuating. For friends who are trapped, you can wait a little longer and be patient. The release will be in the near future.

In the past two days, the market has continued to oscillate back and forth in a roundabout way. The overall market has not gone out of the 66,000 to 69,000 area. Although there was an excessive test overnight, it quickly turned around and the overall market still went back to the range. The 4-hour level signal is weak, and there is an adjustment trend. The downward momentum may turn back step by step. Try to get both ends. If you enter the middle position, you can't hold the basket. The gap is not large. Wait for more signals!

At present, the overnight rebound high point of 68000-500 area failed to continue, and quickly turned around, reaching the lowest level around 66000. At this stage, the pattern is in the process of excessive adjustment, but the rhythm shown is still in the box. Neither the long and short sides have shown strong persistence. As long as the support level is not broken, you can continue to hold long orders and enter the market.

On Friday morning, Bitcoin was more than 66000-66500, with a target of 68000-69000.

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