Yesterday, the price of Bitcoin $BTC reached a high of 6w9, and returned to the important level of 7w USD. This is the sixth time to test it.

I don’t know whether it can break through this time, but it is certain that if it fails to break through this time, there is basically no possibility of a sharp correction.

If the performance is poor, it may fluctuate between 6w4 and 7w. If the performance is better, it will fluctuate between 6w6 and 7w.

From the daily chart, Bitcoin closed with a medium-sized positive line with a shadow line yesterday. The performance was not very strong, but it was the best. There was no rapid rise or decline yesterday, indicating that the selling pressure near 6w9 has been digested.

Now 7w is just a psychological barrier, and it is easy to pass it with a rush of funds. In addition, from the moving average indicator, the price is above all moving averages, suggesting that it is ready to form an upward trend.