#BTC走势分析

BTC Daily: In one of my trading systems, the range of 93000-96000 is a wedge narrow fluctuation, and there has been a breakout retest here (possibly due to positive news on the resumption of China-US trade). The long purple horizontal line in the middle is the death line for Bitcoin, which broke the double top from December to February. My thought is that placing a short position at 99500 doesn't seem very meaningful, as there has been a total increase of 9000 points from 85000 to 94000. Therefore, this narrow fluctuation breakout should also be expected to see an increase close to 9000 points, so looking from 93500 (the icon shows 94000), approximately 9000 points would be around 102000.

Previously, I said making a long position at 94000 to see 99000 has already generated about 4000 points of profit, so here one can choose to reduce positions to secure profits and continue to look for 102000.