Trump is the true stock god.
The god of finance.
Turning bullish and bearish as if it were a cloud and rain. The god of change.
The bitcoin price has directly broken through continuously.
Breaking through the lower edge of the weekly range at 89000 and the daily MA120 moving average. It touched the weekly MA20.
The bears have been hit hard. Yesterday I was stopped out at 89000.
Currently, the price is operating within the previous downward weekly range.
We need to see if MA120 and the 89000 level can provide effective support on the retest.
If effective support is found, it will challenge the middle line of the weekly range, or even the upper edge! The upper edge is around 110,000.
There are some divergences in the short term. There is a risk of a pullback, so I suggest buying on the dip.
Today is the 23rd, Trump has released favorable news. It shouldn't change quickly.