Next, the weekly script for $BTC has been written and will not change within half a year!
First, let's talk about the general direction: when the weekly bullish trend falls to the support level, it will rebound, and there will be no crash. However, the results of this week's consolidation on the daily chart are about to come out. If we can break above 114,500 and hold before Thursday, we will directly start the second wave of rise!
The 12-hour level is crucial. If the bulls do not exert force again, the indicators will form a dead cross; at that time, the probability of a downward movement will greatly increase, and do not expect a rise in the short term! So currently, the existing price order can be a gamble.
The decline from 4h to 1h has stopped, but the upper pressure level has not been fully digested yet. At this moment, let's first look for a small rebound; if we can hold steady, then we will discuss further. The bottom formation must go through a test.
The weekly chart is relatively stable, and a pullback is an opportunity; the smaller levels have stopped, but do not rush to all in!
Is the current operational thinking clear? Do not panic in the big cycle, do not be reckless in the small cycle, and do not be timid at key positions! Now, we just wait for the market to give us an answer......
If you still have no clue, you can come and experience it; the opportunity is in these few days, and wealth will come to you!
