Gold prices are climbing steadily, and so are Bitcoin prices. Looking back to when I first entered the crypto space, the price was below 3000 USD, and now the largest market cap is nearly 130,000 USD, almost 40 times higher. If there are no buyers in the future market, the price will continue to break new highs, which is an inducement conspiracy. If there are enough funds to take over above, what awaits will be a bottomless abyss, so at any time, one should be prepared for risk control to escape, because no one is a god, and everyone makes mistakes eventually. The reason why Jiang Wei can persist is that the risk control is well done, allowing him to always exist in the market.
To get back to the point, the market trend yesterday saw Bitcoin prices first fluctuating within a thousand points, with a strong rebound in the early morning that directly broke through the highest point of the four-hour midline to around 124200, then the price stopped rising and fell below the midline, overall the price still maintains a tug-of-war between bulls and bears.
Observing the four-hour technical chart, referring to the historical track trends, each time the K-line price breaks a new high, there will be a pullback. After the pullback dips to build a bottom and then gathers strength to break the high, the price is currently in a normal repair period after breaking the high. Therefore, during this short time, do not think about capturing too large of a one-sided trend, rather take profits when you see good opportunities. Based on the current trend, the pullback looks to rebound.
You can look to buy in batches around the 120800-121200 area, targeting around 123800, this point is for reference only; actual operations should be based on real-time market conditions #BTC☀