5.25 Academician of the currency circle: Can Bitcoin return to the 70,000 mark? The latest market analysis and reference suggestions, be prepared for both situations
Yesterday, the big cake idea was to arrange the short stop loss near 68000 at 68500, which is the pressure level of the golden section line 0.618. After breaking, stop loss and exit, reverse long profit 69000. Looking at the current Bitcoin market, the current price is around 68800. The weekend market basically consolidated and did not fluctuate too much for the time being. The daily K line stood at EMA15 yesterday and stretched to break 69000. Today, it opened at 68500 and was blocked by the resistance level of 0.618. If it does not break, you can leave the market. If it breaks, you can continue to hold. KDJ spreads downward, MACD is also moving downward in large volume, only the Bollinger band opens upward, the upper rail pressure level of the Bollinger band has reached 72000, and the middle rail support Still around 65000, the range is relatively large, please take precautions to ensure the safety of the principal
After the four-hour K-line exerted force, it was blocked at the 69200 resistance point. The EMA15 fast line broke the 68500 resistance level, and the KDJ continued to spread upward. The Bollinger Band mid-regular pressure level focused on 68850. After it stabilized, it would continue to stretch, but there were too many chips concentrated above, and the resistance was very strong. In addition, KDJ was blocked near 69300, MACD continued to shrink and increase chips, and DIF and DEA0 axis converged near the axis, and there was a golden cross trend at any time. In terms of thinking, you can pay attention to whether the 0.5 resistance point of the golden section line can be held, and be prepared for both hands
The specific reference ideas are as follows:
If the upper 39100 to 69300 range is not broken, arrange for short positions, with targets of 68500 and 67500, and stop loss of 6950 0
If the upper 69100 to 69300 range breaks, go long with the trend, target 70000 and 70700, stop loss 400 points
Reference for large range resistance and support points:
If the upper 70500 to 70800 range is empty, target around 69000, break to 68500, stop loss 400 points
If the lower 67000 to 67500 range is not broken, go long, target 68000 to 68500, stop loss 66500
The specific operation ideas are mainly based on the market data. For more information, please contact the author. There is a delay in the release of the article. The suggestions are for reference only and the risks are borne by yourself.
As a senior person in the currency circle, I have been committed to providing useful suggestions for everyone. I hope everyone will take fewer detours and make fewer wrong orders in this market. Although I am sincere, the road of investment still needs to be explored by yourself. Learning is endless, and the experience learned is the real wealth!
There is no need to over-demonstrate your strength. The key is to get more people's recognition. On the road of investment, it is more important to do your best than to prove your strength to others. You will know whether it is a mule or a horse by taking it out for a walk.
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