Bitcoin rose from around 65,500 this week to a high near 73,900. Despite some pullback, the momentum is not significant, with a clear bullish pattern.
The current position is in a reasonable zone within an uptrend. In the short term, there is a need for technical retracement, which may result in a deeper correction to wash out weak hands and create bearish panic sentiment.
It is recommended to go long around 70,000, add positions at 69,200, with targets first looking at 74,000, and if that level is broken, then targeting 79,400. #比特币站上七万美元 #易理华疑似转空2.7万枚ETH $BTC $ETH
Bitcoin rose from around 65,500 this week to a high near 73,900. Despite some pullback, the momentum is not significant, with a clear bullish pattern.
The current position is in a reasonable zone within an uptrend. In the short term, there is a need for technical retracement, which may result in a deeper correction to wash out weak hands and create bearish panic sentiment.
It is recommended to go long around 70,000, add positions at 69,200, with targets first looking at 74,000, and if that level is broken, then targeting 79,400.
#比特币站上七万美元 #易理华疑似转空2.7万枚ETH $BTC $ETH