Recently, the United States submitted a bill to sell its gold reserves and then turn around to buy Bitcoin. The U.S. has the largest gold reserves in the world, and if the bill passes, will Bitcoin become a national foreign exchange or strategic reserve?
The proposal has not yet passed, but the entire crypto community has already started celebrating, with Bitcoin skyrocketing to $97,900. The spring of cryptocurrency is coming.
The overall trend maintains an upward momentum, and the criteria for judging the rise are 'low points rising, high points breaking.' Since the $93,000 level formed a bottom, it has consistently maintained the rhythm of confirming the rising low points.
Today, we need to focus on the pullback point concentrated in the 96,300-96,500 range. Long-term attention makes it clear how to find and apply the top-bottom conversion. On Wednesday, there was prolonged pressure around 93,700-94,800. After breaking through, this will become a key point, but don't focus too rigidly on the position, or you might miss out. Today, we continue to maintain a bullish outlook.
BTC trading advice: long at 96,300-96,500, with a stop loss of 500 points, target 98,600.
ETH trading advice: long at 3,090-3,100, with a stop loss of 40 points, target 32,006,683,644,395,758,825,068,401,537,682,400,867,118,397,111,895,600,273,676,597,760,112,796,972,458,330.
