Bitcoin is taking off again. Who is buying it?
Bitcoin has just been accepted by the mainstream financial market. So many Wall Street institutions are planning Bitcoin ETFs. Are they letting the American big leeks take over? If the president doesn't support it, do you still want to do it? So, no matter whether it is reliable or not, whoever is elected must be obedient and support Bitcoin. With this understanding, it is difficult for Bitcoin to reach 100,000. Let's give everyone a boost, hahaha.
Let's get back to the point. Let's start today's K-line analysis. After a day of consolidation yesterday, BTC was pulled up above 69,000 this morning. The 1-hour level is an upward trend, and the 4-hour level has just entered an upward trend because it did not continue to fall yesterday. The 12-hour and daily levels are still in an upward trend. The intraday pressure level is 70,200 and the support level is 67,200.