青梅煮币
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Qingmei Zhuobi: Discussing Reliable Buying Points for Bitcoin and ETH
Bitcoin (BTC)
The previous article (Qingmei Zhuobi: Recent Views on BTC, ETH, and Altcoins) mentioned that Bitcoin might peak at 113,000 - 114,000, but the actual situation saw a pullback at 111,980.
After Bitcoin's daily line broke the ascending trend line, it also fell below the key support at 106,700, so the probability of Bitcoin peaking is relatively high.
The current pullback is a correction of the rise from 745,000 to 111,980, so the level is relatively high, and the probability of a short-term end is low.
So, what are the more reliable entry points for Bitcoin?
First, from the perspective of shark harmonics, the theoretical pullback position is about 50%, which corresponds to around 93,300.
The previous article (Qingmei Zhuobi: Recent Views on BTC, ETH, and Altcoins) mentioned that Bitcoin might peak at 113,000 - 114,000, but the actual situation saw a pullback at 111,980.
After Bitcoin's daily line broke the ascending trend line, it also fell below the key support at 106,700, so the probability of Bitcoin peaking is relatively high.
The current pullback is a correction of the rise from 745,000 to 111,980, so the level is relatively high, and the probability of a short-term end is low.
So, what are the more reliable entry points for Bitcoin?
First, from the perspective of shark harmonics, the theoretical pullback position is about 50%, which corresponds to around 93,300.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
103,592.51
-1.07%
ETH
2,463.6
-5.53%
