5.03 The bottom appears, and the market will be repaired at the weekend. The Spring Festival Gala of the investment industry is coming soon, and the Berkshire Hathaway shareholders meeting is coming. This time, there is a rumor that Buffett will specifically talk about his views on Bitcoin at the shareholders meeting. Before, Buffett said that he would re-understand Bitcoin and recognize him. What will happen if Buffett calls for orders this time? Wait and see! After the negative news of Bitcoin on Thursday and Friday landed and the banker's profit was completed, the market officially returned to normal. Bitcoin's goal is to see whether it can recover above 60,700 at the weekend, and then just take one step at a time.
Daily level market
- The daily level shock range rebounded from oversold, the strong and weak dividing line is near 61,500, the maximum support of the lower edge of the lower channel is near 58,500, and the first pressure above is near 60,700. The daily level market rebounded to the bottom support and saw the repair situation.
4-hour level market
-4-hour level downtrend, the bottom maximum support is near 57,500, the upper pressure is near 60,700, and the large-level pressure is near 61,500. Intraday level analysis
----Bitcoin has been successfully repaired during the day, or according to the trend, it has been repaired on Friday and Thursday. The long orders in hand are ready to take out a 5000-point trend order, with a target of around 63000. In the short term, you can enter the market with a long order after stepping back to 58500. The short-term level market is rising, and long orders are mainly used. The large-scale 4-hour decline, short shorts around 60700 first.
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