As mentioned earlier, after a long weekend of shorting at 95000, the price of Bitcoin dipped to a low of 93500 and then rebounded. Currently, all of our shorts have been closed. A new week is approaching, coinciding with the May Day holiday, so how comfortable this holiday will be depends on the next few days.
Currently, the overall bullish trend of the market has not changed in the slightest. The brief correction phase seems to have come to an end, and a new direction is on the horizon. Zihao predicts that around May Day, Bitcoin may attempt to reach 100000.
Today, on Monday, Bitcoin rebounded after correcting to 93500, and the price has now reached the 94300 area. Here, we are not optimistic about a bearish decline, as the four-hour K-line is once again testing the upper middle track, and there is ample space above on the daily chart. It is expected that the price will face limited issues when testing the range of 96000-97300 during the daytime, so our strategy today is to focus on going long.
Monday's Bitcoin strategy: Buy at 94000-93500, with a target of 96500-97300; for swing trades, we can look at 98800-100000. #币安Alpha上新 $BTC