$BTC

Evening Thoughts on Bitcoin

After the recent surge, there is now an expectation for Bitcoin to continue its upward movement. A slight pullback is needed to maintain the upward trend, and as long as there is no significant breakdown, the outlook remains bullish.

The upper resistance continues to be the previously mentioned level of 96000. This level is also the first target for the bullish movement.

Currently, we are waiting for a market pullback. As long as the price does not break below 88000, the bullish expectations will remain stronger.

The expected pullback levels now appear to be at three positions: 90600-91500-92300.

The overall strategy tonight is to wait for a pullback to go long. If the market falls below 90000, it is advisable to observe first. If there is no strong breakdown below 88000, the bullish outlook can continue.

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