Last night, driven by negative news, the market experienced a sell-off. It is important to clarify that trends triggered by news usually lack continuity.
The core reason for this deep correction is to accumulate power for a better rise in the future. Currently, the upward pattern has not changed, and the overall outlook remains bullish.
- You can go long when Bitcoin pulls back to the 118300-118000 range.
- The target is set at 121500-122000