$BTC After the Bitcoin price exceeded 66,000, the one-hour level showed lower highs and lower lows for the first time. What will be the subsequent trend?
From my point of view, the next four hours are very important. As can be seen from the second picture, the trend will most likely continue to retrace to the red line, which is 64800, and this position also coincides with the 4-hour Bollinger Middle. track, so we dare to boldly say:
1. If it hits this mid-rail and rebounds, there will be a high probability of seeing 68,000.
2. If the Bollinger Middle Track falls further, we can confirm that a correction is required before the end of this wave of rise. As for where the correction will be, refer to past experience to find Fibonacci 0.618, which is about 60,000.
Therefore, please pay close attention to the following prices‼ ️