Crypto Circle Scholar: 5.7 Bitcoin 93500 God-level Entry Point! Watch How Bulls Reverse the Game! Latest Market Analysis Reference
Current Bitcoin price is 95000, and it is now 3:30 AM Beijing time. Has everyone entered at 93500? Congratulations to the coin friends who followed, fans have already secured 1500 points, take profit when it's good, wait for my internal message, just get used to this old routine of retracing support, a typical false breakdown market, those who were shorted are now trapped, just execute according to the trading system, and there won't be issues of chasing highs and cutting losses.
The highest daily candlestick is 95100 at the time of writing this article, the lowest is 93300. Isn't the daily candlestick at the EMA15 trend fast line support point just as I have been saying for several days, and then it rebounded? This is the result of over a decade of market observation experience; history has always been like this. The EMA trend indicator's alternating upward expansion trend has not ended, the MACD top divergence continues, and there is still momentum for breaking the previous high. The death cross formed by DIF and DEA at a high level has prevented the candlestick from rebounding. The upper Bollinger Band has stopped stretching upwards and reached the 100,000 mark, while the middle line has continued to move up to 92500. The overall trend is still slightly bullish and strong.
After the four-hour candlestick retraced to the EMA90 trend support, it started to rebound and broke the EMA trend indicator high point of 94900, reaching the 95000 mark. The MACD volume is close to the end, and there is a high probability that the DIF and DEA will form a golden cross trend as the candlestick continues to rise. Now it depends on whether the main force can firmly hold above 95000 and continue to soar. Otherwise, if the golden cross is reversed, it will return to the internal range market. The candlestick has also reached the pressure level below 95650 in the Bollinger Band, so the upper pressure range has been identified. As long as it does not break the range, bulls can consider taking profit; otherwise, the bulls will continue to stretch.
Short-term strategy reference: Keep stops in mind; safety first, small losses and big profits are the goal.
Northern trial entry point 93500 to 94000, defense at 93000, stop loss 500 points, target looking at 94500 to 95000, break point looking at 95500.
Southern trial entry point 95500 to 95000, defense at 96000, stop loss 500 points, target looking at 94500 to 94000, break point looking at 93500.
Specific operations are based on real-time market data; suggestions are for reference only; risks are self-borne $BTC