Qingmeizhubi: Recent views on BTC, ETH and altcoins
Bitcoin (BTC)
After Bitcoin breaks through the previous high, the possible high point is the 113,000 - 114,000 range for three reasons.
First, the highest stop mark of the Shark Harmonic is near Fibonacci 1.13, which corresponds to the range of 113000 - 114000.
Second, under the Bitcoin arithmetic coordinates, the current corresponding point of the historical upper edge area is roughly around 113,000 - 114,000. Of course, this changes with time, and it happens to overlap at present.
Third, the upper edge of the hourly level pattern is also around this position.
Therefore, the pressure level after Bitcoin reaches a new high is approximately 113,000 - 114,000.