7.14 Evening Bitcoin Auntie Market Analysis
The Bitcoin market is on fire! Starting from 118200 in the morning, it surged all the way to 123300, a rise of over 5000 points within hours. We advised to go long at midnight, and caught opportunities in the morning and afternoon, securing profits of 2473 points in Bitcoin and 60 points in Auntie.
Currently, the one-sided upward trend is strong, with the Bollinger Bands opening on the four-hour level, an eight consecutive daily rise breaking the upper band, and a step-up in the hourly level. Don’t try to guess the top; a retracement is an opportunity to go long.
Bitcoin: Plan to go long around 121200 - 120700, target: 123100-123600;
Auntie: Plan to go long around 3025 - 3000, target: 3125-3145 #btc #ETH