7.15 Real-time Bitcoin Analysis

Bitcoin stopped at 123300 after breaking the 120,000 mark. According to daily chart analysis, although the upward trend has not changed, there has been a pullback of 6500 points, which is relatively the largest pullback in this upward movement. The retracement broke 0.236, and the MACD formed a divergence. Note ⚠️ to guard against risks.

Long positions should take profit and exit at the 120000 level.

Medium to long-term traders should currently stay in cash and wait for the right opportunity; it is still too early to short, and there are no entry signals for long positions at the moment. #BTC☀ $BTC