As expected, BTC broke through 66,000
In the analysis of the previous two days, we were strongly bullish. Soon after the article was published yesterday, we received the blessing. A big positive line directly took down the 64,000 resistance level, and broke through the 66,000 US dollar mark in one fell swoop at night, reaching a high of 66,600. It is currently in a slight correction.
There is a big wave of rise every time before the US election, coupled with the increasingly fierce shooting competitions in various countries and the global interest rate cuts and large-scale water releases that indirectly promote the rise of the market. The future is promising, but you must also remember to exit the high position in time, so that the profits can continue to fly, and you can be fearless of any risks.
Today's market analysis: From the K-line, BTC is in a downward trend at the one-hour level, and is still in an upward trend at the 4-hour level (if it cannot maintain an upward trend or is sideways at a high level, it will enter a downward trend at 16:00). The 12-hour and daily levels are both in an upward trend (especially the daily level has just started to rise for 2 days, and it is very likely to rise to 70,000 after consolidation). The intraday pressure level is 68,000, and the support level is 64,000 US dollars. It is normal to fall back after a high rise, which is for a better rise.
