September 13 (Friday) BTC

On today's daily chart, Bitcoin closed a big positive line, far exceeding the 57,000 line that has been tested many times before.

This shows that the current trend is bullish, and operating with the trend may bring greater profit space.

From a technical point of view, both the hourly line and the 4-hour line show a continuous rise. We can pay attention to the magnitude and time of the retracement in order to judge the next trend.

In the early morning hours, Bitcoin retraced to a low of around 57,500, and then continued to rise to the 58,500 line on the hourly chart.

This shows that prices continue to hit new highs in the early morning hours, with no signs of significant correction, and the pattern shows strong bullish momentum.

The lack of room for a correction indicates that bulls are currently strong and prices are expected to have room to rise today.

It is recommended to consider long operations in the 57300-57500 area, with a target of 59800.

4omini

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