Afternoon
The current price of Bitcoin is 68625, which has fallen back into the 4-hour downward channel. Just now, this cycle line also failed to close above 688, which is above the channel of this decline.
This indicates that resistance and support have swapped again, but fortunately, today's rebound is quite good and has broken through the upward channel of this wave. The rebound will still continue, meaning that below, Bitcoin is still accumulating energy and will attempt to break through the 70k threshold again.
Our strategy remains the same: look for rebounds on pullbacks. Currently, if we break resistance at 688-690, the rebound will continue. Now, the pullback around 684-680 is just waiting for you to get in. If Bitcoin ignores the 68 threshold again and directly touches 67, then we will exit. This indicates that the pullback has started again, and if it goes down to 674, we will see 66. In short, if it stays above 681 this afternoon, then it’s a good opportunity to get in for short-term trading! #美国大选后涨或跌? #你问我答 #BTC☀ #美国大选后涨或跌? #11月市场预测