Good weekend evening! The price will break the 70,000 mark next week. (Don’t criticize it yet) Let me tell you slowly:
Recently, it has been constantly setting new highs, with consecutive positive daily lines rising without much room for retracement. The time for correction is also very short. The trend indicator MA moving average rises in sequence based on the price, and the unilateral bullish trend is unquestionable.
Especially this week's weekly closing had a full body, and there is still great demand for continued increases next week, so we continue to be bullish and see upward movement.
First, let's look at the overall trend this year: from the end of January to the beginning of March, there was a unilateral bullish trend, from the end of March to August, there was a range oscillation, and the subsequent oscillation upwards basically laid the foundation for the unilateral bullish trend in October, that is, the release of the bullish energy after accumulation. This time, the lows and highs from August to September have gradually risen, and the room for retracement is not large. It is running in an upward oscillation pattern, which also provides bullish momentum for the upward trend in October. Moreover, the pattern from August to the present is in an upward channel, so combined with the overall price increase rhythm this year, the upward trend will continue in the future
Secondly, in terms of short-term hourly lines, especially this week, the running rhythm is more of a slow rise pattern, and most of them are directly pulled up after sideways trading in the early morning and morning, and the European or US markets continue to rise. Although the increase is not particularly large, the room for correction is also very limited. The slower the rise, the more stable the market trend is, without big ups and downs, and the space for continuous rise will gradually expand.
Next week is bullish. It is predicted on Monday that there will be little room and momentum for a significant downward move in the retracement. In a strong pattern, it is basically impossible to get on the train if you go long on the retracement. If you get on the train, then it must be wrong to go long. Therefore, next week, you can enter the market based on the early morning retracement low of 68,000, defend at 67,500, and look at 69,300-70,000 on the upside. In a strong market, don’t rush to guess the top, just go with the flow!#币安累计交易量突破100万亿美元 #BTC要挑战7W大关了吗？ 
