Pretty much in line with expectations. As mentioned yesterday, look for a parking spot around 65. Currently, Bitcoin briefly reached the 70,000 level in the evening. At this point, you can reduce your positions but still keep a core holding. If a wave starts, avoid missing out. There is still resistance above on the daily chart, and a breakout has not yet occurred. In the short term, it's still a broad consolidation. Intraday, there may be a pullback, and depending on the strength, look for a parking spot below.
From a technical perspective, yesterday's breakout was quite clean. U.S. stocks opened low and then rose, lifting Bitcoin along the way. External turmoil continues, and future movements will still rely on news to support them. Currently, on the daily chart, we see resistance levels; watch where a pullback might reach. On smaller timeframes, the hourly MACD has already decreased in volume, but I still don't recommend new positions. We should follow our original plan and look for entry points below.
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Pretty much in line with expectations. As mentioned yesterday, look for a parking spot around 65. Currently, Bitcoin briefly reached the 70,000 level in the evening. At this point, you can reduce your positions but still keep a core holding. If a wave starts, avoid missing out. There is still resistance above on the daily chart, and a breakout has not yet occurred. In the short term, it's still a broad consolidation. Intraday, there may be a pullback, and depending on the strength, look for a parking spot below.
From a technical perspective, yesterday's breakout was quite clean. U.S. stocks opened low and then rose, lifting Bitcoin along the way. External turmoil continues, and future movements will still rely on news to support them. Currently, on the daily chart, we see resistance levels; watch where a pullback might reach. On smaller timeframes, the hourly MACD has already decreased in volume, but I still don't recommend new positions. We should follow our original plan and look for entry points below.