Bitcoin pulled back to $64,000 within 24 hours, there are variables

At 3:00 am on the 16th, Bitcoin suddenly soared to 66412, finally breaking through the resistance point of 65,000.

Yesterday, the article emphasized: As long as Bitcoin stands firm for 24 hours and does not pull back below 65,000, even if Bitcoin stands firm at 65,000, the bull market will return! 65,000 has been broken through, losing its resistance effect and turning into a support point for Bitcoin. The resistance point needs to be recalculated, and the new resistance point is 68,000.

Yesterday, Bitcoin did not challenge the resistance point of 68,000, and has been consolidating in the range of 65,700 to 66,800.

Ethereum did not challenge the resistance point of 3,200 yesterday, but consolidated in the range of 3,000 to 3,040 for a day. At 21:00 in the evening, Ethereum slightly pulled back to the range of 2,900 to 3,000, and the trend was obviously weaker than Bitcoin.

At 1:00 am today, Bitcoin pulled back to 64610, breaking the support point of 65000 for the first time. It has pulled back to below 65000 within 24 hours, indicating that Bitcoin has not stabilized at 65000.

Today, Bitcoin and Ethereum will continue to rise along the 5-day line, first pulling back to 64890 in the morning, and rising to 67080 in the afternoon and evening; Ethereum pulled back to 2900 in the morning, and rose to 3020 in the afternoon and evening. #

Bitcoin has not stabilized at 65000, and the trend is unstable, and there are variables at any time. Therefore, the copycat varieties should be entered and exited quickly, and beware of large pullbacks.