Will Bitcoin test the 98,500 line before the US stock market closes?
Currently, after a pullback to 96,000, Bitcoin rapidly stretched to a high of 97,500, also rising around this idea 📈. From the perspective of the 4-hour level, it is also operating at the upper track. If the market stabilizes above 97,500, it will test above 98,000. Today's target point is also a perfect take profit.
This means that the trend judgment often mentioned by Jiu Ling must follow the inner voice. The technical skills have reached a proficient level. At any time in trading, do not go against the market direction; do not deviate from its operating trajectory. Act in accordance with the trend and ride the momentum. It is not just the excitement at the tip of the pen; it is also the practical application. Therefore, your thought process and trading direction are also very important! Profit and loss are not important; what matters is timely adjustment instead of gambling on the market's long and short positions. The 80/20 rule in the market will never change!
This month, Jiu Ling's real trading segments are starting a medium to long-term layout. When your profit and loss ratio is still not normal every day, you can consult Jiu Ling, focusing on Jiu Ling's trading system, without ambiguous analysis!
