【2024-7-23 BTC Trend Analysis】

From the trend, this market is just a 4-hour correction. We don’t open shorts for this kind of correction at present because the long position is still relatively strong from the market point of view. If this correction does not break through: 65195.1, it will continue to rise until it reaches a new high, but the premise of a new high is to break through these three target positions: 67493.2-71491.7-74000. As long as it can break through these three places, Bitcoin will reach the two prices of 80,000-100,000. If the correction does not break that position, we will continue to be bullish. Hold the long-term long positions that you have arranged before, don’t leave, don’t be afraid if you understand the market, (try not to do altcoins if you don’t understand the market)

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