BTC weekly level, there are twelve hours left to close. Currently, it appears that this week is a breakout and pullback to the trend line. I mentioned before that if Bitcoin's weekly line stabilizes after the pullback, it is expected to reach 100,000 USD. If it's a false breakout, it is expected to pull back to around the 50,000 position on the trend line. This is something we need to be cautious about; even if there is a correction, we should have an idea of where it might go.
BTC daily level has undergone a two-stage pullback breaking the flag pattern, with a minimum price increase of 73,000. The four-hour level also shows a small flag pattern, and if it breaks out, the expected price increase is around 75,000. Currently, looking at BTC's daily level, the four-hour analysis tells us that Bitcoin is currently just in a pullback; this surge has not yet completed, which is also the basis for my recent insistence on buying at lower levels.
Why haven't I posted an analysis on Bitcoin in the past two days? I've already mentioned the points at 66,500 and 65,400 many times. There have also been reminders about the breakout and pullback at 67,800. You can see that Bitcoin has continuously broken through 67,800 twice, but the pullback didn't hold, and this decline can also reach 66,500 and 65,400. Next, pay attention to the third breakout of 67,800. If there is a volume breakout above the upper edge of the box and the descending trend line, a pullback to 67,800 is an entry opportunity. If it doesn't break out, then close the contract or reduce the spot position, and look to buy at 66,500 and 65,400.
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